The Socialist Economy: Theory and Practice

THE SOCIALIST ECONOMY examines both the ideas and the practical experiences which have influenced present-day conceptions of how a socialist economy should be organized and managed. Beginning with a brief account of the early socialist visions of a ¿new society,' Tom Bottomore goes on to consider the development of Marxist views, the debates within Marxism on the construction of a socialist economy, and the major arguments that have been brought against socialist planning.