“…Present-day alternatives to capitalism must include two dimensions that should differentiate them vis-à-vis the debates from one century ago: first they would include 1 This debate is the fourth round of a long-lasting debate on market and planning in the transition towards socialism (Albuquerque, 2008). The first round is the socialist calculation debate (Kaustky, 1902;Pierson, 1902;Barone, 1908;Mises, 1920;Lange, 1936;Hayek, 1935a); the second is the debate on market and plan in Soviet industrialisation (Bukharin, 1924;Preobrazhesnky, 1926); the third is the 1980s debate on plan, market and democracy in the Soviet Union's crisis (Nove, 1983;Mandel, 1986;Elson, 1988); and finally the fourth round is dominated by market socialism (Roemer, 1996;Ollman, 1998;Wright, 2006;Burczak, 2006).…”