Which economic system would be the most efficient at performing this?

[UnknownPerson]

Would a mixed or a socialist centrally planned economy be better at extensively spending a very large portion of the labor on public goods (health care, universal education, space colonization, development of new technologies, socially needed consumer items (education material etc.) etc), but leaving some labor on consumer items?

Or maybe some other form of economy would be better at this, like 'decentralized' planning (not very familiar with it), or something else?

Please elaborate your answer.

[ArrowLance]

It is hard to say because whether it be a command economy or a mixed economy it matters precisely how that economy is structured. Command economies can have difficulties with actual results and mixed economies are still vulnerable to unexpected market activity.

Of course a command economy would most certainly be the most efficient way to allocate that labour directly toward those commodities since there is no question of where the market will choose to allocate its resources. You have a direct choice made to spend x labour on sector y of the economy. The question however comes to how efficiently the command economy can see that labour turned into the commodities and adjusting for the perceived demand, accurately perceiving the demand and having a real sense of the ability to supply as well as the effects of that supply on the economy as a whole.

[Ocean Seal]

Would a mixed or a socialist centrally planned economy be better at extensively spending a very large portion of the labor on public goods (health care, universal education, space colonization, development of new technologies, socially needed consumer items (education material etc.) etc), but leaving some labor on consumer items?

Or maybe some other form of economy would be better at this, like 'decentralized' planning (not very familiar with it), or something else?

Please elaborate your answer.
Centralized planning can certainly take the time to produce consumer items. Under socialism there will be enough labor to take care of both collective and consumer goods.

[Rusty Shackleford]

The USSR during Krushchovs leadership actually spent a lot of time expanding public services while also producing more consumer goods.