IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-1-349-24018-0_4.html
   My bibliography  Save this book chapter

Market Economy and Socialism

In: Political Economy for Socialism

Author

Listed:
  • Makoto Itoh

    (University of Tokyo)

Abstract

After the fall of Soviet central planning, the transition to a market economy has been regarded as the main alternative strategy for the economic restructuring of those societies. China is also restructuring its economy toward a socialist market economy, though politically the Chinese Communist Party still holds power. Does this restructuring of socialist economies mean that, after all, it is impossible for a socialist planned economy to exist without relying on a market? Can a socialist economy form a rational and dynamic economic system which would replace and surpass the market economy? The issue of how to understand the relationship between the market and socialism, has reappeared as a crucial theoretical problem for the future of socialism.

Suggested Citation

  • Makoto Itoh, 1995. "Market Economy and Socialism," Palgrave Macmillan Books, in: Political Economy for Socialism, chapter 4, pages 83-139, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-24018-0_4
    DOI: 10.1007/978-1-349-24018-0_4
    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:palchp:978-1-349-24018-0_4. 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.