Political Economy

New Harmony Utopian community designed by Robert Owens

Why law of value really applies in socialist economies

Date: March 5, 2017Author: Paul Cockshott The term law of value has exoteric and esoteric meanings. The exoteric or superficial meaning is that in capitalist type economy, relative labour values will act as an attractor for relative prices. The more esoteric meaning is that the distribution relations in all societies are constrained by the distribution …

Why law of value really applies in socialist economies Read More »

Could A Planned Economy Work?

Yes, A Planned Economy Can Actually Work

Leigh Phillips and Michal Rozworski Mega-companies like Amazon and Walmart are already using large-scale central planning. We can wield that tool for good. Socialists need to renew our embrace of democratic planning and fight for a real alternative to capitalism. The latest book in our Jacobin Books series with Verso, The People’s Republic of Walmart: …

Yes, A Planned Economy Can Actually Work Read More »

5 Year plan for the environment

Proposal for collaborative project to work on green 5 year plan

Paul Cockshott 28 Nov 19 In early November I was presenting a talk on planning algorithms to the Historical materialism conference in London. A major theme of the conference was historical materialism in the context of the climate crisis. One thing that struck me at the meeting was that people seem to be underestimating the …

Proposal for collaborative project to work on green 5 year plan Read More »

Big Data

Big Data and Super-Computers: foundations of Cyber Communism

I shall be elaborating on the following theses: The inability of 20th century socialism to progress to communism led to the crisis of theUSSR. Communism requires a definite stage of development of technology. This stage was only reached at the very end of the 20th century. But this problem of technical adequacy can not be …

Big Data and Super-Computers: foundations of Cyber Communism Read More »