History of the socialist economic calculation debate / História do debate do cálculo econômico socialista

AUTOR(ES)

Fábio Barbieri

DATA DE PUBLICAÇÃO

2005

RESUMO

The purpose of this work is to study the Socialist Economic Calculation Debate, from its prehistory since the Marginalist Revolution and its beginning in 1920 with Ludwig von Mises article to the modern reopening of the discussions in the 90´s. We will argue that the source of the disagreement can be traced to the different perceptions about the complexity of the allocative problem. The neglect of this complexity in turn lead the economists to use the standard microeconomic theory to construct a new economic system, disregarding the asymmetries between explanation and prediction/control in neoclassical economic theory. At each phase of the debate, important elements of the real markets, usually disregarded by the economic theory prevailing in the moment, were used to criticize the attempts to find a solution to the calculation problem. Particularly, Hayek´s articulation of the Austrian or market process approach to economic theory was in part fruit of this debate and is still relevant to evaluate the merits of the modern market socialist proposals and the significance of micro theory in general.

ASSUNTO(S)

escola austríaca hayek socialismo de mercado central planning planejamento central austrian school hayek

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