Economic Planning Can Succeed Where the Market Fails
The coronavirus crisis has exposed the failure of the market to meet society’s needs. It’s time for socialists to argue for a fundamental alternative: democratic planning of the economy.
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Razmig Keucheyan is professor of sociology at the University of Bordeaux. He is the author of The Left Hemisphere: Mapping Critical Theory Today (Verso, 2014) and Nature is a Battlefield: Towards a Political Ecology (Polity, 2016).
The coronavirus crisis has exposed the failure of the market to meet society’s needs. It’s time for socialists to argue for a fundamental alternative: democratic planning of the economy.