Socialist Calculation II:

The State of the Debate

Authors

  • Friedrich August von Hayek

DOI:

https://doi.org/10.30800/mises.2016.v4.823

Keywords:

Economic theory, History of economic thought, The socialist calculation problem, Alternative socialist systems, Competition

Abstract

In this second article on the problem of socialist calculation, the author analyzes alternative socialist proposals which participated in the discussions on the subject. Particularly, the author presents and discusses the proposals to abolish private property and mantain the state ownership of the means of production, while preserving competition. It is concluded that preserving competition in a socialist framework necessarily leads to waste and meaningful losses in productivity.

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Published

2016-06-01

How to Cite

1.
Hayek FA von. Socialist Calculation II:: The State of the Debate. MisesJournal [Internet]. 2016 Jun. 1 [cited 2024 Dec. 22];4(1):83-103. Available from: https://revistamises.org.br/misesjournal/article/view/823

Issue

Vol. 4 No. 1 (2016)

Section

Economics, Methodology and Praxiology

License

 

Creative Commons License
  This Journal is licensed under a Creative Commons Attribution 4.0 International License.