Markets and socialism

In: New left review: NLR, Band 161, Heft Jan/Feb 87

Abstract

Takes issue with Ernest Mandel's 'Defence of socialist planning' (NLR, 159), insisting that the argument over market and planning cannot be resolved by the experience of the existing post-capitalist societies. The characteristic tensions between central allocation and enterprise autonomy, material and non-material incentives, general and partial interests, admit of no lateral resolution in a world in which abundance remains a distant prospect. (AM)