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Calculation, Complexity and Planning: The Socialist Calculation Debate Once Again

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  • Paul Cockshott

Abstract

We present a counter-argument against Mises' charge that rational economic calculation is impossible under socialism (a charge recently revived by Don Lavoie). The paper also considers other contributors to the Socialist Calculation Debate, such as Oskar Lange. It is complementary to our 1993 book, "Towards a New Socialism."

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  • Paul Cockshott, "undated". "Calculation, Complexity and Planning: The Socialist Calculation Debate Once Again," Papers deposited by Authors _014, Post-Keynesian Archive.
    • Handle: RePEc:wop:pokear:_014
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    File URL: ftp://csf.colorado.edu/econ/authors/Cottrell.Allin/soccalc.ps
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    References listed on IDEAS

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    1. Ellman,Michael, 2014. "Socialist Planning," Cambridge Books, Cambridge University Press, number 9781107074736.
    2. Granick,David, 1987. "Job Rights in the Soviet Union," Cambridge Books, Cambridge University Press, number 9780521332958.
    3. Peter Murrell, 1983. "Did the theory of market socialism answer the challenge of Ludwig von Mises? A reinterpretation of the socialist controversy," History of Political Economy, Duke University Press, vol. 15(1), pages 92-105, Spring.
    4. A. P. Lerner, 1934. "Economic Theory and Socialist Economy," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 2(1), pages 51-61.
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    Cited by:

    1. Jonathan F. Cogliano & Roberto Veneziani & Naoki Yoshihara, 2022. "Computational methods and classical‐Marxian economics," Journal of Economic Surveys, Wiley Blackwell, vol. 36(2), pages 310-349, April.
    2. Jason L. Saving, 2006. "Consumer Sovereignty in the Modern Global Era," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 22(Fall 2006), pages 107-119.
    3. Peter J. Boettke & Christopher J. Coyne & Peter T. Leeson, 2014. "Hayek versus the neoclassicists: lessons from the socialist calculation debate," Chapters, in: Roger W. Garrison & Norman Barry (ed.), Elgar Companion to Hayekian Economics, chapter 12, pages 278-293, Edward Elgar Publishing.
    4. Elsner, Wolfram, 2015. "Policy Implications of Economic Complexity and Complexity Economics," MPRA Paper 63252, University Library of Munich, Germany.
    5. William Hongsong Wang & Victor I. Espinosa & José Antonio Peña-Ramos, 2021. "Private Property Rights, Dynamic Efficiency and Economic Development: An Austrian Reply to Neo-Marxist Scholars Nieto and Mateo on Cyber-Communism and Market Process," Economies, MDPI, vol. 9(4), pages 1-17, November.
    6. Mark Pennington, 2021. "Hayek on complexity, uncertainty and pandemic response," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 34(2), pages 203-220, June.
    7. Dix, Guus, 2016. "A genealogy of the incentive," economic sociology. perspectives and conversations, Max Planck Institute for the Study of Societies, vol. 17(2), pages 24-31.
    8. Paul Cockshott & Allin Cottrell, "undated". "Socialist Planning after the Collapse of the Soviet Union," Papers deposited by Authors _015, Post-Keynesian Archive.

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