Cybersocialism: A Reassessment of the Socialist Calculation Debate

12 Pages Posted: 15 Feb 2018

See all articles by Erick Limas

Erick Limas

Free University of Berlin (FUB), Institute for Latin American Studies, School of Business & Economics

Date Written: February 4, 2018

Abstract

This article presents a new approach to the socialist calculation debate. I focus particularly on the question of how to integrate information of consumers’ preferences and argue that the objections raised by Austrian economists against the socialist model proposed by Oskar Lange can be addressed within the current level of technological development. I propose that preferences of consumers can be revealed by their web search queries and also that, given the amount of information available, it would be possible to analyze consumers’ preferences in terms of hierarchical choices that distinguish between needs and subneeds.

Keywords: Cybersocialism, socialist calculation debate, web search queries

JEL Classification: B5, C6, P2

Suggested Citation

Limas, Erick, Cybersocialism: A Reassessment of the Socialist Calculation Debate (February 4, 2018). Available at SSRN: https://ssrn.com/abstract=3117890 or http://dx.doi.org/10.2139/ssrn.3117890

Erick Limas (Contact Author)

Free University of Berlin (FUB), Institute for Latin American Studies, School of Business & Economics ( email )

Boltzmannstrasse 20
Berlin, 14195
Germany

Register to save articles to
your library

Register

Paper statistics

Downloads
66
Abstract Views
326
rank
342,335
PlumX Metrics