DMNC: communist economies more efficient than capitalist?

Despite its reputation for basket case economics the idea of communism (socialism) as in our ‘democratic market neo-communism’ should be able to create far more efficient economies than pure capitalism. We need at each point to qualify the terms /communism/socialism/ to some key specifics: the issue of democracy and authority, the issue economics in practice, e.g. socialist markets and planning and the creation of a Commons. The prospect of affluence as the climate crisis deepens has little in the way of guarantee…

Source: Climate, communism and the Age of Affluence?

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