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“In the present author’s opinion, the three fundamental factors which explain why the Marxist aspiration for a non-market planned national economy cannot be realised efficiently are partial ignorance, inadequate techniques for data processing and complexity.” — Michael Ellman
In the present author’s opinion, the three fundamental factors which explain why the Marxist aspiration for a non-market planned national economy cannot be realised efficiently are partial ignorance, inadequate techniques for data processing and complexity.