This paper examines the historical Socialist Calculation Debate, some critiques of the command ec... more This paper examines the historical Socialist Calculation Debate, some critiques of the command economies in the late 20th century as well as some New Socialist economic models. These models were assessed with regards to their feasibility for practice as well as their relation to a theorized historical trajectory in style of immanent critique. This trajectory can be broadly sketched in terms of the implicit dynamics of capital accumulation, the size of the state sector and relative class power. This paper finds that although critics of both socialist models and socialist historical economies present some significant obstacles to the prospects of central calculation and planning, their feasibility is likely to increase with greater data processing capacity and through the increasing feasibility of greater firm growth. It is contended that critics and some advocates misrepresent the obstacles confronting socialist states by assuming that various limited unidimensional criteria are the ...
This paper examines the historical Socialist Calculation Debate, some critiques of the command ec... more This paper examines the historical Socialist Calculation Debate, some critiques of the command economies in the late 20th century as well as some New Socialist economic models. These models were assessed with regards to their feasibility for practice as well as their relation to a theorized historical trajectory in style of immanent critique. This trajectory can be broadly sketched in terms of the implicit dynamics of capital accumulation, the size of the state sector and relative class power. This paper finds that although critics of both socialist models and socialist historical economies present some significant obstacles to the prospects of central calculation and planning, their feasibility is likely to increase with greater data processing capacity and through the increasing feasibility of greater firm growth. It is contended that critics and some advocates misrepresent the obstacles confronting socialist states by assuming that various limited unidimensional criteria are the ...
Uploads
Papers by Adam Balsam