SCARCITY, MARXISM, AND GOSPLAN
1. THIS article is a survey of the incompatibility of Marxism with 'scarcity' economics, i.e. the proposition that the essence of economics is choice, or the allocation of scarce resources between competing ends. The word 'scarcity' will be used here as shorthand for this concept...
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description | 1. THIS article is a survey of the incompatibility of Marxism with 'scarcity' economics, i.e. the proposition that the essence of economics is choice, or the allocation of scarce resources between competing ends. The word 'scarcity' will be used here as shorthand for this concept. It is argued that this problem has never been and is not now understood by Marxists, in or outside U.S.S.R. We deal first with the Founding Fathers, then with monetary and accounting theory, price and output formation, and planning. |
doi_str_mv | 10.1093/oxfordjournals.oep.a042229 |
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source | Jstor Complete Legacy; Oxford University Press Journals Digital Archive Legacy; Periodicals Index Online |
subjects | Capitalism Commercial production Communism Consumers Economic systems Economic theory Economics Marxian economics Marxism Political economy Profits Rationality Relocation of industry Scarcity Socialism Sovereignty Writers |
title | SCARCITY, MARXISM, AND GOSPLAN |
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