[This is a translation of the corresponding german post]
Now I have yet to write about the »New Socialism« of Cockshott/Cottrell, although the respective book (german: »Alternativen aus dem Rechner«, english: »Towards a New Socialism«) is still lying on the pile of unread books. Motive of this post is an interview with Allin Cottrell in »junge Welt« (leftwing german daily newspaper). There Cottrell argues, that the planned economy of the Soviet Union has failed due to its limited capacities of computing power. However, within the arms industry they had done well.
But they did not have computing resources, in order to extend detailed planning to the entire civil economy; they only could concentrate on a small subset of the products. [own translation of all quotes]
How do Cockshott/Cottrell view the new socialism, for which they see a chance of realization in Venezuela and Bolivia?