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Oskar Lange's Theory of Socialist Planning

Bibliographic Data

ID10180056
AuthorsPaul Craig Roberts, Paul Roberts (0000-0002-2363-4909, corresponding author)
Year1971
Volume79
Issue3
Pages562-577
Publication date1971-05-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueJournal of Political Economy (JOURNAL)
Journal identifiersISSN: 0022-3808 • E-ISSN: 1537-534X
PublisherUniversity of Chicago Press (PUBLISHER • US)
DOI10.1086/259768
OpenAlexW2003415820
LanguageEN
Citations received6
References cited7

This article shows that the belief that there is an alternative to the market (for a modern economy) is based on error and gives an analysis in history of ideas to show how the error arose. The relevance of an analysis that purports to deal with socialism and central economic planning is called into question. It is shown that the new school of socialist thought does not criticize market relationships but criticizes the real world market economy for not living up to the illustrative theory of pure competition. The outcome of the socialist controversy is the vindication of market relationships

Competition (biology · Economic system · Economics · Market socialism · Mathematical economics · Neoclassical economics · oskar · Outcome (game theory · Political science · Politics · Positive economics · Relevance (law · Socialism · Socialist economics · Socialist market economy · History · Law · Political Economy and Marxism

  • Is China market socialist? Comparing Western theory to Eastern practice

    James A Yunker•China Economic Journal•2021

  • Some observations on the concept of ‘socialism’ in contemporary economic theory

    Steven Rosefielde•Soviet Studies•1973

  • JF Bray’s Economic Republicanism

    Open Access•Sean Irving•Political Studies•2025

  • Consumers' Durable Goods, Human Capital, and the Pareto Optimality of the Lange-Lerner State

    Michael R Darby•Journal of Political Economy•1974

  • Marx and Contemporary Models of Socialist Economy

    John E Elliott•History of Political Economy•1976

  • Did the theory of market socialism answer the challenge of Ludwig von Mises? A reinterpretation of the socialist controversy

    Peter Murrell•History of Political Economy•1983

  • The theory of capitalist development

    Paul Marlor Sweezy•The theory of capitalist…•1942

  • Political Economy and Capitalism

    Maurice Dobb, Maurice Herbert Dobb•Political Economy and Capitalism•2012

  • The origin of ‘the political economy of socialism’∗

    Adam Kaufman•Soviet Studies•1953

  • Some Further Comments on Drewnowski's Economic Theory of Socialism

    Jørn Henrik Petersen•Journal of Political Economy•1970

  • The Economic Theory of Socialism

    Jan Drewnowski•Journal of Political Economy•1961

  • Economics of Socialism

    Charles J Hitch, H D Dickinson•The Economic Journal•1940

  • Economic Calculus in a Planned Economy

    E F M Durbin•The Economic Journal•1936

Unique citing works6
Citations per year0,11
Citation span1973 - 2025 (53)
Citation velocityrecent
Highly citedNo
Citation typesNeutral: 6
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