Market socialism or socilization of the market?

This article criticizes the approaches of Ernest Mandel and Alee Nove. The author holds that there are alternatives to the market and bureaucratic planning. She says that the price mechanism is an essential instrument for the coordination of a socialist economy; but that the mechanism should itself...

Full description

Autores:: Elson, Diane

Tipo de recurso:: Article of journal

Fecha de publicación:: 1994

Institución:: Universidad Nacional de Colombia

Repositorio:: Universidad Nacional de Colombia

Idioma:: spa

Description
Summary:	This article criticizes the approaches of Ernest Mandel and Alee Nove. The author holds that there are alternatives to the market and bureaucratic planning. She says that the price mechanism is an essential instrument for the coordination of a socialist economy; but that the mechanism should itself be socialized so that it will work in favor of socialism and not against it. The market cannot be rejected a priori, and the intention is to set the conditions for it to operate as a kind of free association. The article considers forms of economiccoordination, but does not start from the market or a plan but from the production and the reproduction of labour power. The guiding thread of a capitalist economy is the production and reproduction of capital: human creative capacity and the expression and development of human needs become subordina te to the drive for profit. The guiding thread of a socialist economy must be the production and reproductionof labour power. If this socialist goals are the priority, therelationship between the means of producti on and the means of consumption will need to change, both at the place of work and in the home, affecting the relationship between the producer and the consumero

Market socialism or socilization of the market?

Publicaciones similares