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Post-Planning Socialism and Markets: The Economic Conflicts

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  • George Warskelt

    (Carleton University, Ottawa)

Abstract

Communism in the East has collapsed. Is socialism fated then to be stillborn and without a future? With the failure of the planned economy, socialist economists have widely argued in favour of employing markets to decentralize and democratize the public ownership economy. However, projects that include market controls imply restriction of technological change. In the final analysis it would be better to forget grand, all-encompassing socialist schemes and work on building up socialism piece by piece.

Suggested Citation

  • George Warskelt, 1992. "Post-Planning Socialism and Markets: The Economic Conflicts," Economic and Industrial Democracy, Department of Economic History, Uppsala University, Sweden, vol. 13(4), pages 481-510, November.
    • Handle: RePEc:sae:ecoind:v:13:y:1992:i:4:p:481-510
    DOI: 10.1177/0143831X92134003
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