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4min chapter
Who Won the Socialist Calculation Debate (with Peter Boettke)
EconTalk
Intro
This chapter explores the socialist calculation debate, highlighting the economic discussions between socialism and capitalism from the early to mid-20th century. It examines Marx's vision of collective ownership and the transition from market-driven economies to a planned approach addressing class struggles and societal issues.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode