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A Challenge to Marxian economics

Oldrich Kyn (okyn@verizon.net)

Development and Comp Systems from University Library of Munich, Germany

Abstract: An article published in Czechoslovakia just before the Soviet invasion of 1968, which stopped the progress of the economic reform aiming to transform the centrally planned command economy into a kind of market socialism. The article was acknowledging that the Marxian economics have no satisfactory answer to von Mises' claim, that the socialist economy cannot work, if it removes the possibility of 'economic calculation' that requires the operation of the free market system.

Keywords: Central planning; Command economy; Market socialism; Economic Calculation; von Mises; Czechoslovakia; Marxism (search for similar items in EconPapers)
JEL-codes: O P (search for similar items in EconPapers)
Date: 2005-09-30
New Economics Papers: this item is included in nep-his, nep-hpe and nep-tra
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