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A Challenge to Marxian economics

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  • Oldrich Kyn

    (Boston University)

Abstract

An article published in Czechoslovakia just before the Soviet invasion of 1968, which stopped the progress of the economic reform aiming to transform the centrally planned command economy into a kind of market socialism. The article was acknowledging that the Marxian economics have no satisfactory answer to von Mises' claim, that the socialist economy cannot work, if it removes the possibility of 'economic calculation' that requires the operation of the free market system.

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File URL: http://128.118.178.162/eps/dev/papers/0509/0509028.html
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Bibliographic Info

Paper provided by EconWPA in its series Development and Comp Systems with number 0509028.

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Date of creation: 30 Sep 2005
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Handle: RePEc:wpa:wuwpdc:0509028

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Web page: http://128.118.178.162

Related research

Keywords: Central planning; Command economy; Market socialism; Economic Calculation; von Mises; Czechoslovakia; Marxism;

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