[2] The Soviet Union and other Communist states with a centralized planned economy maintained controlled price systems.
The American economist Thorstein Veblen wrote a seminal tract on the development of the term as discussed in this article[tone]: The Engineers and the Price System.
[5] In the 1930s, the economists Oskar Lange and Abba Lerner developed a comprehensive model of a socialist economy that utilized a price system and money for the allocation of capital goods.
The people who like to deride any suggestion that this may be so usually distort the argument by insinuating that it asserts that by some miracle just that sort of system has spontaneously grown up which is best suited to modern civilization.
It is the other way round: man has been able to develop that division of labor on which our civilization is based because he happened to stumble upon a method which made it possible.