The Socialist Economy

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The Socialist System

Author : Janos Kornai
Publisher : Clarendon Press
ISBN 13 : 0191521604
Total Pages : 676 pages
Book Rating : 4.1/5 (915 download)

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Book Synopsis The Socialist System by : Janos Kornai

Download or read book The Socialist System written by Janos Kornai and published by Clarendon Press. This book was released on 1992-05-28 with total page 676 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive account of the structure, conduct, and performance of the centrally planned economies of Eastern Europe, the USSR, Communist China and the Marxist LDCs, looking at 26 nations in all. The author focuses on reform, perhaps the most important issue facing countries such as the USSR, Poland, Hungary, and China. Bureaucracy, soft budget constraints, markets, and the nature of the socialist state are the central issues that arise in the course of reforming a socialist economy. The first half of the book deals with 'classical socialism' and provides a theoretical summary of the main features of a now closed period of history. The second half deals with the processes of reform and concludes that the reform of classical socialist systems is doomed to failure as they are unable to renew themselves internally.

The Socialist Market Economy in Asia

Author : Arve Hansen
Publisher : Springer Nature
ISBN 13 : 9811562482
Total Pages : 358 pages
Book Rating : 4.8/5 (115 download)

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Book Synopsis The Socialist Market Economy in Asia by : Arve Hansen

Download or read book The Socialist Market Economy in Asia written by Arve Hansen and published by Springer Nature. This book was released on 2020-10-26 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is intended for policy-makers, academics and students of development studies, area studies, political economy, geography and political science. Three of the best global performers in terms of economic growth are authoritarian states led by communist parties. The ‘socialist market economy’ model employed in China, Vietnam and Laos performs better than the economic systems in countries at a similar level of income per capita on a wide range of development indicators, yet market reforms and governance failures have led to highly unequal societies and significant environmental problems. This book presents the first comparative study of development in these three countries. Written by country experts and scholars of development studies, it explores the ongoing quest for market versus state within their model, and the coherence of their development. Chapter 5 is available open access under a Creative Commons Attribution 4.0 International License via link.springer.com.

A Guide to the Socialist Economies

Author : Ian Jeffries
Publisher : Taylor & Francis
ISBN 13 : 1000570932
Total Pages : 347 pages
Book Rating : 4.0/5 (5 download)

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Book Synopsis A Guide to the Socialist Economies by : Ian Jeffries

Download or read book A Guide to the Socialist Economies written by Ian Jeffries and published by Taylor & Francis. This book was released on 2022-03-07 with total page 347 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1990, A Guide to the Socialist Economies explores the evolution of a variety of economic systems in the socialist world and highlights major problems facing fourteen countries – Albania, Bulgaria, China, Cuba, Czechoslovakia, the GDR, Hungary, North Korea, Mongolia, Poland, Romania, the Soviet Union, Vietnam and Yugoslavia –against a background of continuous change, characterized by such events as the Berlin blockade, the Korean war, the Hungarian revolution and the invasion of Czechoslovakia. The traditional Soviet economic model is studied in detail as the basic system adopted by or imposed upon all of these countries. A separate chapter is devoted to foreign trade in general and Comecon in particular, while each of the country studies deals with the political and economic background, economic reforms (including industry, agriculture, the financial system and foreign trade and capital) and the private sector. The book provides information on the economic institutions of all the individual countries which is invaluable if the various courses of reform each country has engaged upon are to be understood. Historical material supplements contemporary information in a work which is to be an essential reference for anyone engaged in a study of, or trade with, the socialist countries.

The 99 Percent Economy

Author : Paul S. Adler
Publisher : Oxford University Press, USA
ISBN 13 : 0190931884
Total Pages : 241 pages
Book Rating : 4.1/5 (99 download)

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Book Synopsis The 99 Percent Economy by : Paul S. Adler

Download or read book The 99 Percent Economy written by Paul S. Adler and published by Oxford University Press, USA. This book was released on 2019-10 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: The social, economic, and political challenges we face have reached the point of crisis: economic irrationality contributes to workplace disempowerment, social disintegration, political alienation, and environmental degradation. Despair is not an option.The 99 Percent Economy provides a stirring alternative: Democratic Socialism. Paul S. Adler, a leading business and management expert, argues that to overcome these crises we need to assert control over economic affairs through social ownership and democratic management of companies as well as thenational economy. He draws on a surprising source of inspiration: the strategic management techniques of large corporations. He shows how leading companies have designed and implemented strategies that involve and empower workers, enhance engagement and motivation, increase innovation, and areenvironmentally and socially sustainable. The principles are scalable - because they work in large corporations with thousands of people, they can work at local, regional, and national scales.Standing in the way? Private ownership of society's productive resources, the foundation of capitalism's ruthless competition and focus on individual gain at the cost of society, the environment, and future generations. Adler shows how socialize public ownership will merge individual and socialgoals through the democratic involvement of all people in deciding what the future will be-both political and economic, both local and global. The needs of people and the planet will guide decisions about investment and production, rather than the pursuit of profit. Public planning forums at theenterprise, regional, and national levels will democratically decide goals, instead of being the prerogative of CEOs doing the bidding of investors.Democratic socialism is not a leap into the entirely unknown, Adler shows. Capitalist industry has built the foundations for democratic socialism.

Socialism, Economic Calculation and Entrepreneurship

Author : Jes£s Huerta de Soto
Publisher : Edward Elgar Publishing
ISBN 13 : 1849805008
Total Pages : 321 pages
Book Rating : 4.8/5 (498 download)

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Book Synopsis Socialism, Economic Calculation and Entrepreneurship by : Jes£s Huerta de Soto

Download or read book Socialism, Economic Calculation and Entrepreneurship written by Jes£s Huerta de Soto and published by Edward Elgar Publishing. This book was released on 2010-01-01 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: This highly topical book presents a new theory on the characteristics of entrepreneurial knowledge. It explores the recent shift among professional economists and scholars in their evaluation of the debate of socialism. Socialism, Economic Calculation and Entrepreneurship presents an application of Israel M. Kirzner's theory of entrepreneurship to the theory of the impossibility of socialism. It discusses the influence of the fall of socialism, with particular reference to the evolution of economic thought.

Socialist Economics

Author : Alec Nove
Publisher :
ISBN 13 :
Total Pages : 526 pages
Book Rating : 4.:/5 (15 download)

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Book Synopsis Socialist Economics by : Alec Nove

Download or read book Socialist Economics written by Alec Nove and published by . This book was released on 1972 with total page 526 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Socialist Economics

Author : G. D. H. Cole
Publisher : Taylor & Francis
ISBN 13 : 1136885234
Total Pages : 88 pages
Book Rating : 4.1/5 (368 download)

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Book Synopsis Socialist Economics by : G. D. H. Cole

Download or read book Socialist Economics written by G. D. H. Cole and published by Taylor & Francis. This book was released on 2010-11 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume sets forth as simply as possible the theoretical foundations which underlie the practical policies of democratic Socialism. This involves both a repudiation and a refutation of the assumptions of the older classical economists who believed in laissez-faire, and a careful differentiation of the economics of democratic Socialism from the neo-classical doctrines associated with the name of Maynard Keynes.

A Theory of Socialism and Capitalism

Author : Hans-Hermann Hoppe
Publisher : Springer Science & Business Media
ISBN 13 : 9401578494
Total Pages : 281 pages
Book Rating : 4.4/5 (15 download)

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Book Synopsis A Theory of Socialism and Capitalism by : Hans-Hermann Hoppe

Download or read book A Theory of Socialism and Capitalism written by Hans-Hermann Hoppe and published by Springer Science & Business Media. This book was released on 2013-06-29 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Socialist Economic Development in the 21st Century

Author : Alberto Gabriele
Publisher : Routledge
ISBN 13 : 1000545482
Total Pages : 360 pages
Book Rating : 4.0/5 (5 download)

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Book Synopsis Socialist Economic Development in the 21st Century by : Alberto Gabriele

Download or read book Socialist Economic Development in the 21st Century written by Alberto Gabriele and published by Routledge. This book was released on 2022-03-03 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over a hundred years after the first socialist revolution broke the global monopoly of capitalism, a new class of socialist-oriented socioeconomic development is coming to the fore. Capitalism is still dominant worldwide, although its hegemony is no longer undisputed, and humankind is now faced with a key existential challenge. This book proposes an alternative path to overcoming the worldwide crisis of globalized capitalism. It offers a novel, balanced and historically rooted interpretation of the successes and failures of socialist economic construction throughout the last century. The authors apply a multidisciplinary, holistic and purpose-based methodology to draw basic lessons from stylized facts, emerging in different areas of knowledge, ranging from political economy to biology, and from key national socioeconomic experiences, with a particular focus on China. The book is divided into three parts. The first is mainly theoretical and general in nature, identifying the major contributions bequeathed by the hard sciences to their social counterparts. Consistent with these findings, the authors offer a stylized interpretation of the contemporary state-of-the-art of the debate on the core concepts of economic science and advance a few elementary theories about what socialism in the 21st century could look like. The second and third parts analyze and discusses the core features of a few select experiences, which have evolved in certain countries since 1917, some of which are still unfolding. The book will find an audience among academics, researchers and students in the fields of economics, political science, history, and geography, as well as, policy makers, particularly in developing countries.

The Socialist System

Author : János Kornai
Publisher : Princeton University Press
ISBN 13 : 0691228027
Total Pages : 675 pages
Book Rating : 4.6/5 (912 download)

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Book Synopsis The Socialist System by : János Kornai

Download or read book The Socialist System written by János Kornai and published by Princeton University Press. This book was released on 2021-04-13 with total page 675 pages. Available in PDF, EPUB and Kindle. Book excerpt: To understand the dramatic collapse of the socialist order and the current turmoil in the formerly communist world, this comprehensive work examines the most important common properties of all socialist societies. JNBnos Kornai brings a life-long study of the problems of the socialist system to his explanation of why inherent attributes of socialism inevitably produced in-efficiency. In his past work he has focused on the economic sphere, maintaining consistently that the weak economic performance of socialist countries resulted from the system itself, not from the personalities of top leaders or mistakes made by leading organizations and planners. This book synthesizes themes from his earlier investigations, while broadening the discussion to include the role of the political power structure and of communist ideology. Kornai distinguishes between two types, or historical phases, of socialism. The "classical socialism" of Stalin, Mao, and their followers is totalitarian and brutally repressive, but its components fit together and make up a coherent edifice. Associated with names like Tito, KNBdar, Deng-Xiaoping, and Gorbachev, "reform socialism" relaxes repression, but brings about a sharpening of inner contradictions and the eventual dissolution of the system. Kornai examines the classical system in the first half of the book, and moves on to explore the complex process of reform in the second half. The Socialist System is addressed to economists in the first place, but also to political scientists, sociologists, and historians. In addition, it will appeal to policymakers, business analysts, and government officials who need to understand either formerly or presently communist countries.

A Guide to the Socialist Economies

Author : Ian Jeffries
Publisher : Routledge
ISBN 13 : 1000570959
Total Pages : 353 pages
Book Rating : 4.0/5 (5 download)

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Book Synopsis A Guide to the Socialist Economies by : Ian Jeffries

Download or read book A Guide to the Socialist Economies written by Ian Jeffries and published by Routledge. This book was released on 2022-03-07 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1990, A Guide to the Socialist Economies explores the evolution of a variety of economic systems in the socialist world and highlights major problems facing fourteen countries – Albania, Bulgaria, China, Cuba, Czechoslovakia, the GDR, Hungary, North Korea, Mongolia, Poland, Romania, the Soviet Union, Vietnam and Yugoslavia –against a background of continuous change, characterized by such events as the Berlin blockade, the Korean war, the Hungarian revolution and the invasion of Czechoslovakia. The traditional Soviet economic model is studied in detail as the basic system adopted by or imposed upon all of these countries. A separate chapter is devoted to foreign trade in general and Comecon in particular, while each of the country studies deals with the political and economic background, economic reforms (including industry, agriculture, the financial system and foreign trade and capital) and the private sector. The book provides information on the economic institutions of all the individual countries which is invaluable if the various courses of reform each country has engaged upon are to be understood. Historical material supplements contemporary information in a work which is to be an essential reference for anyone engaged in a study of, or trade with, the socialist countries.

Planning and Profits in Socialist Economies

Author : Jean Charles Asselain
Publisher : Psychology Press
ISBN 13 : 9780415313087
Total Pages : 296 pages
Book Rating : 4.3/5 (13 download)

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Book Synopsis Planning and Profits in Socialist Economies by : Jean Charles Asselain

Download or read book Planning and Profits in Socialist Economies written by Jean Charles Asselain and published by Psychology Press. This book was released on 2003 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study of economic reforms throughout Eastern Europe covers the history of attempts at decentralization. Countries covered include the former USSR, the former East Germany and Hungary.

On the Economic Theory of Socialism

Author : Oskar Lange
Publisher :
ISBN 13 :
Total Pages : 158 pages
Book Rating : 4.:/5 (34 download)

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Book Synopsis On the Economic Theory of Socialism by : Oskar Lange

Download or read book On the Economic Theory of Socialism written by Oskar Lange and published by . This book was released on 1938 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: On the Economic Theory of Socialism was first published in 1938. Minnesota Archive Editions uses digital technology to make long-unavailable books once again accessible, and are published unaltered from the original University of Minnesota Press editions.Is socialism workable on economic grounds? "No," say the chief European critics of socialism - von Mises, Robbins, and von Hayek. "Yes," say Lange and Taylor in these two papers - the first refutation in English of the objections of these economists.There has been consistent demand for this book since it went out of print in 1944. This reprint is in response to that demand.

Contradictions and Dilemmas

Author : János Kornai
Publisher : MIT Press
ISBN 13 : 9780262111072
Total Pages : 194 pages
Book Rating : 4.1/5 (11 download)

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Book Synopsis Contradictions and Dilemmas by : János Kornai

Download or read book Contradictions and Dilemmas written by János Kornai and published by MIT Press. This book was released on 1986 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: These seven essays by the Eastern block's most important economist address and explore many of the critical social and economic issues inherent in the socialist economy. Published in Hungary in 1983, they are the firsthand observations of an insider who attempts to be as frank and impartial as possible about the experiment in his own country. The essays distinguish the classical or traditional form of a highly centralized socialist economy from a system, like that of Hungary's, that is in the process of institutional reforms. They focus on a few important characteristics of social economies, rather than providing a broad description and analysis of socialist systems, in order to stimulate thinking along comparative lines. The wider problems and issues related to socialist systems that they address will interest sociologists and political scientists, historians, and philosophers as well as economists. Kornai points out that because real modern societies are different from the pure models of capitalism and socialism, combinations and mixtures of socialist and capitalist systems, sellers' and buyers' markets, centralized and decentralized management occur widely and intensively in both socialist and highly developed industrial market economies and in the nonsocialist third world countries in some segments and to a certain degree. Looking at these phenomena comparatively reveals both the deep differences and the similarities and analogies between the systems. The essays are: The Reproduction of Shortage. "Hard" and "Soft" Budget Constraint. Degrees of Paternalism. Economics and Psychology. Comments on the Present State and the Prospects of the Hungarian Economic Reform. Efficiency and the Principles of Socialist Ethics. The Health of Nations. JÄnos Kornai is Professor of Economics at the Institute of Economics, Hungarian Academy of Sciences, Budapest.

China's Socialist Economy

Author :
Publisher :
ISBN 13 :
Total Pages : 316 pages
Book Rating : 4.:/5 (943 download)

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Book Synopsis China's Socialist Economy by :

Download or read book China's Socialist Economy written by and published by . This book was released on 1993 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Political Economy for Socialism

Author : Makoto Itoh
Publisher : Springer
ISBN 13 : 1349240184
Total Pages : 254 pages
Book Rating : 4.3/5 (492 download)

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Book Synopsis Political Economy for Socialism by : Makoto Itoh

Download or read book Political Economy for Socialism written by Makoto Itoh and published by Springer. This book was released on 1995-06-12 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: A reconsideration of socialism in the post-Soviet era based on the theoretical achievements of Japanese Marxist political economy. The origins and the various components of the broad current of socialist thought, as well as the implications of Marx's economic theories for socialism, are explored afresh. The Western debate on the rationality of a socialist economy, starting in the 1920s and continuing to the present, is reviewed and reassessed. The book further inquires into the nature, the achievements, and the character of the systemic change in the socialist economies of the Soviet Union, Eastern Europe, and China. The existence of a broad range of alternatives for future socialism, which can be chosen flexibly by the people of each society, is the message suggested by the book.

Socialism, Capitalism and Alternatives

Author : Peter J. S. Duncan
Publisher : UCL Press
ISBN 13 : 1787353834
Total Pages : 254 pages
Book Rating : 4.7/5 (873 download)

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Book Synopsis Socialism, Capitalism and Alternatives by : Peter J. S. Duncan

Download or read book Socialism, Capitalism and Alternatives written by Peter J. S. Duncan and published by UCL Press. This book was released on 2019-10-14 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1989 the Berlin Wall came down. Two years later the Soviet Union disintegrated. The collapse of communism in Eastern Europe and the Soviet Union discredited the idea of socialism for generations to come. It was seen as representing the final and irreversible victory of capitalism. This triumphal dominance was barely challenged until the 2008 financial crisis threw the Western world into a state of turmoil. Through analysis of post-socialist Russia and Central and Eastern Europe, as well as of the United Kingdom, China and the United States, Socialism, Capitalism and Alternatives confronts the difficulty we face in articulating alternatives to capitalism, socialism and threatening populist regimes. Beginning with accounts of the impact of capitalism on countries left behind by the planned economies, the volume moves on to consider how China has become a beacon of dynamic economic growth, aggressively expanding its global influence. The final section of the volume poses alternatives to the ideological dominance of neoliberalism in the West. Since the 2008 financial crisis, demands for social change have erupted across the world. Exposing the failure of neoliberalism in the United Kingdom and examining recent social movements in Europe and the United States, the closing chapters identify how elements of past ideas are re-emerging, among them Keynesianism and radical socialism. As those chapters indicate, these ideas might well have potential to mobilise support and challenge the dominance of neoliberalism.