Markets and Socialism : International Library of Critical Writings in Economics - Alec Nove

Markets and Socialism

By: Alec Nove (Editor), Ian D. Thatcher (Editor)

Hardcover | 1 January 1994

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These extracts concern the relationship between market and plan, or how to organize an economy to best satisfy demands for efficiency, compassion and freedom. Beginning with Karl Marx, this volume presents the non-market, market and mixed market models. It includes the "socialist calculation" debate and the experiences of Russia, East-Central Europe, Sweden, the US and China.

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