The political economy of complexity: The case of cyber-communism

Simple item page
dc.contributor.authorMoreno-Casas, Vicente
dc.contributor.authorEspinosa, Víctor I.
dc.contributor.authorHongsong Wang, William
dc.date.accessioned2022-11-16T15:31:32Z
dc.date.available2022-11-16T15:31:32Z
dc.date.issued2022
dc.description.abstractThis article analyzes cyber-communism and the feasibility of central planning from complexity theory. It first introduces the most known definitions of complexity in economics, namely computational and dynamic complexity. This enables to construct a complexity political economy from which then deal with cyber-communism. This political economy highlights the notion of cultivation, as a natural selection approach to established successful institutions and rules. In contrast to cultivation, the article presents the notion of control, which corresponds to traditional political economy, as the belief in the effective alteration of economic variables by a group of planners or policymakers. This work emphasizes some problems central planning faces: self-reference, noncomputability of optimal points, reflexivity, and less adaptive capacity. It concludes that cyber-communism conflicts with a complexity political economy based on cultivation, and that cyber-communist planning is not realistic, ultimately meaning that technology cannot allow and effective socialist planning.es
dc.description.versionVersión Publicadaes
dc.identifier.citationVicente Moreno-Casas, Victor I. Espinosa, William Hongsong Wang, The political economy of complexity: The case of cyber-communism, Journal of Economic Behavior & Organization, Volume 204, 2022, Pages 566-580, ISSN 0167-2681, https://doi.org/10.1016/j.jebo.2022.10.042es
dc.identifier.urihttps://doi.org/10.1016/j.jebo.2022.10.042es
dc.identifier.urihttp://hdl.handle.net/11447/6676
dc.language.isoenes
dc.subjectComplexity theoryes
dc.subjectEmergencees
dc.subjectNatural selectiones
dc.subjectCyber-communismes
dc.subjectEconomic calculationes
dc.titleThe political economy of complexity: The case of cyber-communismes
dc.typeArticlees
dcterms.sourceJournal of Economic Behavior and Organizationes

Files

Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
Espinosa2022 - The political economy of complexity, The case of cyber-communism (1).pdf
Size:
710.23 KB
Format:
Adobe Portable Document Format
Description:
Texto completo
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Item-specific license agreed upon to submission
Description:
Download

Collections

Artículos Economía y Negocios

Implementado por OpenGeek Services