IDEAS home Printed from https://ideas.repec.org/h/pal/intecp/978-1-349-11559-4_5.html
   My bibliography  Save this book chapter

The New Concept of Planning: Duality with Market Forces

In: Market Forces in Planned Economies

Author

Listed:
  • Michael Kaser

    (University of Oxford)

  • Dragomir Vojnić

    (Institute of Economics)

  • László Csaba

    (Kopint-Datorg Institute for Economic Informatics and Market Research Budapest)

Abstract

Nearly thirty years ago Jan Drewnowski, in a seminal, but neglected, paper ‘The Economic Theory of Socialism: A Suggestion for Reconsideration’ (1961) proposed the division of any monetised economy into ‘the zone in which state preferences are supreme (the zone of state influence), the zone in which individual preferences are supreme (the zone of individual influence) and the zone in which state and individual preferences meet (the zone of dual influence). To determine which part of the national economy belongs to which zone means to define the nature of the economic system in question’ (p. 350). He pointed out that historical cases have existed where one of the two preference functions has been virtually exclusive of the other — Soviet ‘War Communism’ of the 1920s or the capitalism of a century ago — and that shifting the boundaries between them and with the intervening preference zone is constrained by property rights.

Suggested Citation

  • Michael Kaser & Dragomir Vojnić & László Csaba, 1990. "The New Concept of Planning: Duality with Market Forces," International Economic Association Series, in: Oleg T. Bogomolov (ed.), Market Forces in Planned Economies, chapter 5, pages 86-108, Palgrave Macmillan.
    • Handle: RePEc:pal:intecp:978-1-349-11559-4_5
    DOI: 10.1007/978-1-349-11559-4_5
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:intecp:978-1-349-11559-4_5. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.