Abstract
Central administrative command planning and the market system are incompatible due to (1) the ex ante versus ex post method of pricing in the two systems; (2) the antithetical relation of mandatory instructions and economic freedom; and (3) the inability of state capital to compete successfully with private capital. No in-between construct of a socialist market system is viable. It has to be either plan or market.
Full Text 
Sign-in/Register to access full text options
Sign-in/Register to access full text options 
Published version (
Free)
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: The ANNALS of the American Academy of Political and Social Science
Paper Title
Journal
Date
