As a reformed neo-liberal, I recently came across Cockshott’s Towards a New Socialism, and I have to say I’m absolutely stunned. I never even considered there could be anything other than markets to allocate resource in an at least somewhat efficient manner.

I realize that the field has received very little attention, and I am unable to find much other sophisticated research on the topic of computer-optimized central planning or modern takes on the economic calculation problem.

Here are the few things I did manage to find:

Economic Calculation in Light of Advances in Big Data and Artificial Intelligence

Review of Towards a New Socialism? by W. Paul Cockshott and Allin F. Cottrell

Does anyone know any other things I can look into?

  • I think that’s incorrect the problem of implementation isn’t the scale of computing but the economic calculation, price indexs have built-in problems like the crisis of overproduction. Many planning apparatuses are already used in production today it’s a function of how of modern economy works to meet the needs of people you would have to change the economic calculation, in marxist terms it would be changing CMC to CC i.e. commodity exchange for money back to commodity would instead be commodity to commodity.