Post-Lange market socialism: an evaluation of profit-oriented proposals.

Journal of Economic Issues | September 1, 1995| | Copyright

A possible milestone may have been achieved in 1992 when the American Economic Association published John Roemer and Pranab Bardhan's article "Market Socialism: A Case for Rejuvenation' in the summer issue of its Journal of Economic Perspectives. Aside from a handful of articles on the theory of cooperative production in the American Economic Review, the American Economic Association had not published any important work on market socialism since Abram Bergson's article on Oskar Lange's market socialist proposal ("Socialist Economics") in the 1948 Survey of Contemporary ...

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