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Socialist alternatives to capitalism II: Vienna to Santa Fe

Socialist alternatives to capitalism II: Vienna to Santa Fe

Photo by Denny Bú on Unsplash

Duncan Foley
New School for Social Research, Department of Economics, 2017
Grado: adelantado
Perspectivas: Economía de la complejidad, Economia institucionalista, Economía política Marxista, Otros
Topic: (De-)crecimiento, Crítica del capitalismo, Movimientos sociales y cambio
Format: Working Paper
Enlace: http://www.economicpolicyresearch.org/econ/2017/NSSR_WP_062017.pdf

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Socialist alternatives to capitalism II: Vienna to Santa Fe

Duncan Foley | 2017

 

Abstract: Optimal control theory and information technology provide tools with the capacity to implement top-down centralized allocation of resources in complex economies organized through a social division of labor. Twentieth century political and systems thinking, however, emphasize the virtues of bottom-up spontaneously organized systems. Workers’ control can be analyzed as one variety of bottom-up spontaneous organization. Another is peer production, as in the case of open-source software. A model of peer production under the name Lifenet provides some insights into the advantages and limitations of this approach to socialism.

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This material has been suggested and edited by:

Samuel Decker
Tags: Buen Vivir | commons | digital socialism | network economics | social ecological transformation | socialism | worker cooperatives | workers' control | Working Paper
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