Some Thoughts on Plan and Market

  • Alec Nove


‘To combine plan and marfket is like being a little bit pregnant’, wrote a (female) Soviet economist. This view is wrong, but is to be found both among the adepts of the Chicago school and among Marxist dogmatists. Indeed, the latter have good textual evidence to support their ideological interpretation. Recently, the Soviet professor, A. Sergeyev, put the point well:

It is known that Marx and Engels held that socialism and commodity production were not only contradictory but also incompatible. Lenin adopted the same position. Even today no one would have the theoretical effrontery (naglost’) to claim that Lenin was the founder of the theory of commodity production under socialism. Was the theory of Marx, Engels, Lenin about socialism then incorrect?1


Real Exchange Rate Commodity Production Natural Monopoly West European Country Professional Football Club 
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  1. 2.
    R. Selucky, Marxism, Socialism, Freedom (London: Macmillan, 1979).Google Scholar
  2. 4.
    G.B. Richardson, Information and Investment (Oxford University Press, 1960).Google Scholar
  3. 7.
    A. Nove, Efficiency Criteria for Nationalized Industries (London, 1973).Google Scholar

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© Kurt Dopfer and Karl-F. Raible 1990

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  • Alec Nove

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