<p/><br></br><p><b> Book Synopsis </b></p></br></br><p>This important essay dates from the end of the fifties. During this era, <br> the dominant theories of economic growth were based on conditions of <br>private ownership of capital and where investment is primarily under the<br> control of private individuals or firms. Dobbs, however, considers the <br>alternatives. He asks: Do such theories have a more universal <br>application? Can they be applied to planned economies? If they can, in <br>what form may such an application be made? Half a century later, with <br>the global regime of unfettered international capital markets in a state<br> of utter collapse, the time has come for a return to the possibility of<br> rational social and economic planning. This short clear book is again a<br> necessary theoretical starting point for a post-capitalist future.
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