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Information Technology and Socialist Construction (Routledge Frontiers of Political Economy) - Hardcover

Book 159 of 375: Routledge Frontiers of Political Economy

Saros, Daniel E.

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9780415742924: Information Technology and Socialist Construction (Routledge Frontiers of Political Economy)
Hardcover
ISBN 10: 0415742927 ISBN 13: 9780415742924
Publisher: Routledge, 2014

Synopsis

The failure of command central planning in the twentieth century has led to a general disillusionment within the socialist movement worldwide. Some alternatives to capitalism have been proposed since the end of the Cold War, but none has offered an alternative form of economic calculation. This book explains how modern information technology may be used to implement a new method of economic calculation that could bring an end to capitalism and make socialism possible.

In this book, the author critically examines a number of socialist proposals that have been put forward since the end of the Cold War. It is shown that although these proposals have many merits, their inability effectively to incorporate the benefits of information technology into their models has limited their ability to solve the problem of socialist construction. The final section of the book proposes an entirely new model of socialist development, based on a "needs profile" that makes it possible to convert the needs of large numbers of people into data that can be used as a guide for resource allocation. This analysis makes it possible to rethink and carefully specify the conditions necessary for the abolition of capital and consequently the requirements for socialist revolution and, ultimately, communist society.

Information Technology and Socialist Construction will be of interest to students and scholars of political economy, the history of economic thought, labour economics and industrial economics.

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About the Author

Daniel E. Saros is Chair of the Economics Department and Associate Professor of Economics at Valparaiso University, USA.

"About this title" may belong to another edition of this title.

Publisher
Routledge
Publication date
2014
Language
English
ISBN 10 
0415742927
ISBN 13 
9780415742924
Binding
Hardcover
Edition number
1
Number of pages
292
Rating
  • 3.67 out of 5 stars
    9 ratings by Goodreads