Planned Economy - Planned Economies and Socialism

Planned Economies and Socialism

Part of a series on
Socialism
Development
  • History of socialism
  • Socialist economics
Ideas
  • Calculation in kind
  • Cooperative
  • Common ownership
  • Economic democracy
  • Economic planning
  • Equal opportunity
  • Labour voucher
  • Production for use
  • Public ownership
  • self-management
  • Social dividend
  • Social security
  • Socialization
Models
  • Decentralized planning
    • Participatory economics
  • Market socialism
    • Lange model
    • Mutualism
  • Socialist market economy
  • Planned economy
    • Soviet-type planning
Variants
  • Agrarian
  • Anarchist
  • Democratic
  • Ethical
  • Green
  • Guild
  • Impossibilism
  • Liberal
  • Libertarian
  • Market
  • Marxian
  • Reformism
  • Religious
  • Revisionism
  • Revolutionary
  • Scientific
  • Social democracy
  • State
  • Syndicalism
  • Utopian socialism
  • 21st century
People Charles Hall · Henri de Saint-Simon
Robert Owen · Charles Fourier
William Thompson
Thomas Hodgskin
Louis Blanc · Moses Hess
Karl Marx · Friedrich Engels
Ferdinand Lassalle
William Morris · Mary Harris Jones
Eugene V. Debs · John Dewey
Enrico Barone · Ben Tillett
Edvard Kardelj · Robin Hahnel
Michael Albert · Ernest Mandel
Branko Horvat · Jaroslav Vanek
Pat Devine · John Roemer
Organizations First International

Second International
Third International

Fourth International
Fifth International
Socialist International
World Federation of Democratic Youth
International Union of Socialist Youth
World Socialist Movement
Socialism portal
Economics portal
Politics portal

While many socialist currents advocated economic planning as an eventual substitute for the market for factors of production, some define economic planning as being based on worker-self management, with production being carried out to directly satisfy human needs, and contrast this with the concept of a command economy of the Soviet Union, which they characterize as being based on a top-down bureaucratic administration of the economy in a similar fashion to a capitalist firm. The Command economy is distinguished from economic planning, and different theories for classifying the socioeconomic system of the Soviet Union exist; most notably a command economy is associated with Bureaucratic collectivism, State capitalism or State socialism.

Furthermore, planned economies are not unique to Communist states. There is a Trotskyist theory of permanent arms economy, put forward by Michael Kidron, which leads on from the contention that war and accompanying industrialisation is a continuing feature of capitalist states and that central planning and other features of the war economy are ever present.

Read more about this topic:  Planned Economy

Famous quotes containing the words planned and/or socialism:

    The greatest events occur without intention playing any part in them; chance makes good mistakes and undoes the most carefully planned undertaking. The world’s greatest events are not produced, they happen.
    —G.C. (Georg Christoph)

    This socialism will develop in all its phases until it reaches its own extremes and absurdities. Then once again a cry of denial will break from the titanic chest of the revolutionary minority and again a mortal struggle will begin, in which socialism will play the role of contemporary conservatism and will be overwhelmed in the subsequent revolution, as yet unknown to us.
    Alexander Herzen (1812–1870)