Socialist Planning

  • Ellman M
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Abstract

The general idea underlying socialist planning is that the market economy is a good system for ensuring micro-economic rationality (e.g. the efficient organisation of production within individual factories) but that it fails to ensure macro-economic and macro-social...

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APA

Ellman, M. (1990). Socialist Planning. In Problems of the Planned Economy (pp. 13–21). Palgrave Macmillan UK. https://doi.org/10.1007/978-1-349-20863-0_2

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