Socialist alternatives to capitalism II: Vienna to Santa Fe

Duncan Foley

Review of Evolutionary Political Economy, 2020, vol. 1, issue 3, 313-328

Abstract: Abstract Optimal control theory and information technology provide tools with the capacity to implement top-down centralized allocation of resources in complex economies organized through a social division of labor. Twentieth century political and systems thinking, however, emphasize the virtues of bottom-up spontaneously organized systems. Workers’ control can be analyzed as one variety of bottom-up spontaneous organization. Another is peer production, as in the case of open-source software. A model of peer production under the name Lifenet provides some insights into the advantages and limitations of this approach to socialism.

Keywords: Optimal control theory; Spontaneous social organization; Workers’ control; Peer production; Lifenet; B14; B15; B24; B25 (search for similar items in EconPapers)
Date: 2020
References: View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://link.springer.com/10.1007/s43253-020-00013-4 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
Working Paper: Socialist alternatives to capitalism II: Vienna to Santa Fe (2017)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:revepe:v:1:y:2020:i:3:d:10.1007_s43253-020-00013-4

Ordering information: This journal article can be ordered from
https://www.springer.com/journal/43253

DOI: 10.1007/s43253-020-00013-4

Access Statistics for this article

Review of Evolutionary Political Economy is currently edited by Wolfram Elsner

More articles in Review of Evolutionary Political Economy from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().