"Big industry, competition and generally the individualistic organization of production have become a fetter which it must and will shatter. ... It makes unavoidably necessary an entirely new organization of society in which production is no longer directed by mutually competing individual industrialists but rather by the whole society operating according to a definite plan and taking account of the needs of all."
Planned economy

January 1, 1970

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Original Language: English

Sources

Friedrich Engels, ' (1847)

https://en.wikiquote.org/wiki/Planned_economy