Scottish scientists Paul Cockshott and Allin Cottrell are swimming against the tide. They demonstrate that an effective planned economy, superior to any market regulation, is possible. Through a critical examination of the failed real socialism and the possibilities of modern computer technology, they outline the vision of a socialist community characterized by equality and democracy. The political-economic foundation is based on Marx's labor theory of value, the validity of which the authors have repeatedly proven. This theory is applied to socialist production relations, defined by common ownership of the key means of production, by capturing economic interconnections, production, and consumption based on labor time.