Socialist challenge: calculation or contestability?

Autor

DOI:

https://doi.org/10.15290/oes.2018.04.94.12

Słowa kluczowe:

socialist calculation debate, markets, economic systems, contestability, calculation

Abstrakt

Due to the recent discussion in the Review of Political Economy there was observed the reignited debate on the nature of the socialist system and economic calculation challenge [Denis, 2015; Bylund, Manish, 2017]. In the paper I will not discuss directly the theses of both sides. I will attempt to show their polemic results of the ambiguity of the initial calculation argument [Mises, 1990]. It appears that the argument against the possibility of socialism could be called “the contestability argument” rather than “the calculation argument”. The goal of this paper is to reformulate the initial argument about the economic rationality of socialist projects.

Bibliografia

Baumol W., Panzar J., Willig R., 1982, Contestable Markets and the Theory of Industry Structure, Harcourt Brace Jovanovich, New York.

Bylund Per L., Manish G.P., 2017, Private Property and Economic Calculation: A Reply to Andy Denis ,“Review of Political Economy”, vol. 29(3).

Cole G., 1971, Economic Planning, Kennikat Press, New York.

Denis A., 2015, Economic Calculation: Private Property or Several Control, “Review of Political Economy”, vol. 27(4).

Hayek F.A, 1945, The Use of Knowledge in Society, “American Economic Review”, vol. 35(4).

Lange O, 1936, On the Economic Theory of Socialism: Part One, “Review of Economic Studies”, vol. 4(1).

Mises L., 1990, Economic Calculation in the Socialist Commonwealth, Ludwig von Mises Institute, Auburn, Alabama.

Mises L., 1998, Human Action. A Treatise on Economics, Mises Institute, Auburn, Alabama.

Mises L., 2002, New Contributions to the Problem of Socialist Economic Calculation, [in:] Selected Writings of Ludwig von Mises. Between the Two World Wars: Monetary Disorder, Interventionism, Socialism, and the Great Depression, Ebeling R. (ed.), Liberty Fund, Indianapolis, Indiana.

Polanyi K., 1922, Sozialistische Rechnungslegung, “Archiv für Sozialwissenschaft und Sozialpolitik”, vol. 49(2).

Opublikowane

28.01.2019

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Jak cytować

Socialist challenge: calculation or contestability?. (2019). Optimum. Economic Studies, 4(94), 146-153. https://doi.org/10.15290/oes.2018.04.94.12