Mueller - Chapter 01 | eBooks | Non-Fiction

Mueller - Chapter 01

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Ideology and Practice of the Plan

The transfer of private ownership of the means of production into 'people's property' (Volkseigentum) did away with profits on capital and the maximization of individual gain as the primary drives of the economy. Therefore, the market lost its function of allocating economic resources through competition among profit-oriented, legally autonomous subjects, acting at their own risk — in the roles of sellers and buyers of labour power, investors, producers, dealers and consumers (Rottenburg 1992: 242). To replace the market, the plan was introduced by means of which the appropriate products were supposed to be manufactured and distributed in the required amounts and at the right time.

Ideology and Practice of the PlanThe transfer of private ownership of the means of production into 'people's property' (Volkseigentum) did away with profits on capital and the maximization of individual gain as the primary drives of the economy. Th
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