Socialist Planning

An overview of socialist planning that explains the underlying theory and its limitations, also placing developments in their historical perspective.

Socialist planning played an enormous role in the economic and political history of the twentieth century. Beginning in the USSR it spread round the world. It influenced economic institutions and economic policy in countries as varied as Bulgaria, USA, China, Japan, India, Poland and France. How did it work? What were its weaknesses and strengths? What is its legacy for the twenty-first century? Now in its third edition, this textbook is fully updated to cover the findings of the period since the collapse of the USSR. It provides an overview of socialist planning, explains the underlying theory and its limitations, looks at its implementation in various sectors of the economy, and places developments in their historical context. A new chapter analyses how planning worked in the defence-industrial complex. This book is an ideal text for undergraduate and graduate students taking courses in comparative economic systems and twentieth-century economic history.

Impoverished, indebted, and underdeveloped at the close of World War II, Romania underwent dramatic changes as part of its transition to a centrally planned economy. As with the Soviet experience, it pursued a policy of “primitive socialist accumulation” whereby the state appropriated agricultural surplus and restricted workers’ consumption in support of industrial growth. Focusing on the daily operations of planning in the ethnically mixed city of Cluj from 1945 to 1955, this book argues that socialist accumulation was deeply contradictory: it not only inherited some of the classical tensions of capital accumulation, but also generated its own, which derived from the multivocal nature of the state socialist worker as a creator of value, as living labour, and as a subject of emancipatory politics.

This study of economic reforms throughout Eastern Europe covers the history of attempts at decentralization. The book: * Describes the centralized model and compares its requirements with the realities of socialist countries * Discusses the economic policies of the post-Stalinist period * Examines the origin of the reforms which began in 1956, culminating in the Soviet economic reform of 1965 and the rehabilitation of profit. Countries covered include the former USSR, the former East Germany and Hungary.

Comparison of economic planning and systems of economic administration in socialist countries and the role of USSR therein - covers marx's economic theory and its application in the USSR collective economy, examines investments, prices, economic development strategies, different forms of management, agrarian reforms, trade agreements between CMEA countries, international relations, industrialization, etc. References and statistical tables.

Are multi-national corporations like Walmart and Amazon laying the groundwork for international socialism? For the left and the right, major multinational companies are held up as the ultimate expressions of free-market capitalism. Their remarkable success appears to vindicate the old idea that modern society is too complex to be subjected to a plan. And yet, as Leigh Phillips and Michal Rozworski argue, much of the economy of the West is centrally planned at present. Not only is planning on vast scales possible, we already have it and it works. The real question is whether planning can be democratic. Can it be transformed to work for us? An engaging, polemical romp through economic theory, computational complexity, and the history of planning, The People’s Republic of Walmart revives the conversation about how society can extend democratic decision-making to all economic matters. With the advances in information technology in recent decades and the emergence of globe-straddling collective enterprises, democratic planning in the interest of all humanity is more important and closer to attainment than ever before.

First published as a second edition in 1989, Socialist Planning was the standard introductory text on the economics of socialist planning.