From Marx to Mises: Post Capitalist Society and the Challenge of Ecomic Calculation

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Open Court, Dec 15, 2013 - Business & Economics - 440 pages
In 1920, Ludwig von Mises proclaimed that all attempts to establish socialism would come to grief, for reasons of informational efficiency. At first, socialists and economists took Mises's argument seriously, but by the end of the Second World War, a consensus prevailed that Mises had been discredited. More recently, that consensus has been rapidly reversed: it is now widely agreed that 'Mises was right'. Yet the momentous implications of the Mises argument - for economics, politics, culture, and philosophy - remain largely unexplored. From Marx to Mises is a clear, penetrating exposition of the economic calculation debate, and a scrutiny of some of the broader issues it raises.
 

Contents

DETAILED TABLE OF CONTENTS PREFACE
A QUICKLOOK AT THE MISES ARGUMENT 2 THE ABOLITION OF THE MARKET
THE ECONOMIC ORGANIZATION OF POSTCAPITALIST SOCIETY
THE DISCOVERY OF THE ECONOMIC CALCULATION PROBLEM
REREADING MISES ON ECONOMIC CALCULATION
USING LABORHOURS TO PLAN PRODUCTION
FROM MARKET SIMULATION BACK TO MARKET SOCIALISM
PROPERTY RIGHTS AND THE LIMITS OF MARKET SOCIALISM
PLANNING AND THE MARKET
ABUNDANCE AND THE PRICE SYSTEM
ANARCHY STATE AND COMMUNISM
PROSPECTS FOR WORKERS SELFMANAGEMENT
IN DEFENSE OF SCIENTIFIC UTOPIANISM
BIBLIOGRAPHY
NOTES
INDEX

MOTIVATION AND INFORMATION
DIVISION OF KNOWLEDGE

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