ScholarLens Back to search
1992•Review of Radical Political EconomicsRequires access

Market Socialism or Participatory Planning?

Pat Devine

Open publisher page 17 citations

Abstract

This paper consists of a critical analysis of the British school of market socialism and a discussion of participatory planning as an alternative model for a socialist economy. It concludes that market socialism's claim to combine efficiency with socialist objectives is incoherent and that, unlike market socialism, models of participatory planning have the potential to contribute to the renewal of the socialist project.

About this research paper

What this paper is about

This paper consists of a critical analysis of the British school of market socialism and a discussion of participatory planning as an alternative model for a socialist economy. It concludes that market socialism's claim to combine efficiency with socialist objectives is incoherent and that, unlike market socialism, models of participatory planning have the potential to contribute to the renewal of the socialist project.

Why it matters

OpenAlex reports 17 citations for this work. Citation counts describe recorded attention and do not establish research quality.

Key contribution

A contribution statement is not available in the OpenAlex record.

Method / approach

Method details are not available in the OpenAlex metadata.

Main findings

Findings are not separately available in the OpenAlex metadata.

Limitations

Limitations are not available in the OpenAlex metadata.

Applications

Application details are not available in the OpenAlex metadata.

Available abstract

This paper consists of a critical analysis of the British school of market socialism and a discussion of participatory planning as an alternative model for a socialist economy. It concludes that market socialism's claim to combine efficiency with socialist objectives is incoherent and that, unlike market socialism, models of participatory planning have the potential to contribute to the renewal of the socialist project.

Key concepts: Socialism, Market socialism, Citizen journalism, State socialism, Socialist market economy, Economics, Economic system, Planned economy

Related papers

Related paper 1Related paper 2Related paper 3
Back to paper searchBrowse research topicsOriginal source
Market Socialism or Participatory Planning? — Research Paper | ScholarLens