Computers and Economic Democracy

Revista de Economía Institucional, Vol. 10, No. 19, Second Semester 2008

45 Pages Posted: 18 Dec 2008

See all articles by Allin F. Cottrell

Allin F. Cottrell

Wake Forest University

Paul Cockshott

affiliation not provided to SSRN

Date Written: December 16, 2008

Abstract

The collapse of previously existing socialism was due to causes embedded in its economic mechanism, which are not inherent in all possible socialisms. The article argues that Marxist economic theory, in conjunction with information technology, provides the basis on which a viable socialist economic program can be advanced, and that the development of computer technology and the Internet makes economic planning possible. In addition, it argues that the socialist movement has never developed a correct constitutional program, and that modern technology opens up opportunities for democracy. Finally, it reviews the Austrian arguments against the possibility of socialist calculation in the light of modern computational capacity and the constraints of the Kyoto Protocol.

Note: Dowloadable Document is in Spanish.

Keywords: socialist planning, economic calculation, environmental constraints

JEL Classification: P21, P27, P28

Suggested Citation

Cottrell, Allin F. and Cockshott, Paul, Computers and Economic Democracy (December 16, 2008). Revista de Economía Institucional, Vol. 10, No. 19, Second Semester 2008, Available at SSRN: https://ssrn.com/abstract=1316880

Allin F. Cottrell (Contact Author)

Wake Forest University ( email )

2601 Wake Forest Road
Winston-Salem, NC 27109
United States

Paul Cockshott

affiliation not provided to SSRN ( email )

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