This post was popular: http://darwiniana.com/2012/11/03/technology-beyond-the-market/: The reference to the book Towards a New Socialism was as to their classic discussion of computers taking over the price calculation left to the market. They pointed out, already in a period of not very fast computers, that the computation time for an economy of a million commodities was within reason. With supercomputers of the kind now available, economies of a trillion commodities are becoming computable in a short time frame. Trillion commodity economies dwarf real economies now current.
And complete success here wouldn’t be necessary. A transitional hybrid situation is also more than reasonable. The idea that ‘planning’ can’t oversee economic allocation is therefore open to challenge. At least, we need to stop being silenced by Hayekian-style dogmas about market clearing.
A really serious large-scale research project along these lines could close the theory gap. And it is not true that planning has always failed: the operations research that went into the planning of the WWII economy in the USA was completely successful.