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Devine begins with an analysis of the theory and practice of
capitalist planning, central planning and 'market socialism'. He
argues that, while market socialism is currently favoured by many
economists who reject both capitalism and the command planning of
the Soviet model, it cannot fulfil the promises held out for it. In
the remainder of the bo
Devine begins with an analysis of the theory and practice of
capitalist planning, central planning and 'market socialism'. He
argues that, while market socialism is currently favoured by many
economists who reject both capitalism and the command planning of
the Soviet model, it cannot fulfil the promises held out for it. In
the remainder of the b
Reinterprets the history of economic thought and a re-examines the
idea of money as a "medium of exchange."
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