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The Socialist Calculation Debate

Theory, History, and Contemporary Relevance
Buch | Softcover
75 Seiten
2024
Cambridge University Press (Verlag)
978-1-009-59363-2 (ISBN)
CHF 29,65 inkl. MwSt
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The collapse of communism in the Soviet Union and Eastern Europe delegitimized private property and central planning for socialism. However, the aspiration of achieving socialism's ends remains. This Element recounts Ludwig von Mises' century-long debate on economic calculation in the socialist commonwealth.
For over a generation, the collapse of communism in the Soviet Union and Eastern and Central Europe delegitimized the abolition of private property in the means of production and the practice of central planning as an effective way to achieve the ends of socialism. However, the aspiration of achieving the ends of socialism remains to this day. This Element provides a narrative of a century-long debate that was initiated by Ludwig von Mises in 1920. In so doing, it tells the history of the problem of economic calculation in the socialist commonwealth and its continuing relevance for developments in economics, political economy, and social philosophy.

1. Introduction; 2. The original debate: from Marx to mises; 3. Rebuttals and refinements: Hayek and the market socialists; 4. The end of the debate? Lavoie's challenge and the fall of communism; 5. Socialism in the 21st century; 6. Extending the argument: applications of the theory of economic calculation; 7. Conclusion; Bibliography.

Erscheint lt. Verlag 31.12.2024
Reihe/Serie Elements in Austrian Economics
Zusatzinfo Worked examples or Exercises
Verlagsort Cambridge
Sprache englisch
Themenwelt Sozialwissenschaften Politik / Verwaltung Staat / Verwaltung
Wirtschaft Allgemeines / Lexika
Wirtschaft Volkswirtschaftslehre Wirtschaftspolitik
ISBN-10 1-009-59363-3 / 1009593633
ISBN-13 978-1-009-59363-2 / 9781009593632
Zustand Neuware
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