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

by Steele, David Ramsay

• ISBN13: 9780875484495
• ISBN10: 0875484492
• Format: Hardcover
• Copyright: 1999-09-01
• Publisher: Open Court

Summary

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.

Table of Contents

Preface
A Quick Look at the Mises Argument	p. 1
The Abolition of the Market	p. 25
The Economic Organization of Post-Capitalist Society	p. 49
The Discovery of the Economic Calculation Problem	p. 73
Re-Reading Mises on Economic Calculation	p. 95
Using Labor-Hours to Plan Production	p. 123
From Market Simulation Back to Market Socialism	p. 151
Property Rights and the Limits of Market Socialism	p. 173
Motivation and Information	p. 201
Division of Knowledge	p. 229
Planning and the Market	p. 255
Abundance and the Price System	p. 281
Anarchy, State, and Communism	p. 311
Prospects for Workers' Self-Management	p. 323
In Defense of Scientific Utopianism	p. 351
Bibliography	p. 377
Notes	p. 401
Index	p. 425
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