Attempts to specify and to explicate some of the most important reasons for the failure of communism or state socialism … of market socialism from the theories of Fred M. Taylor and Oskar Lange. Argues that the Taylor‐Lange model of market … socialism certainly could be and probably would be a completely valid and viable economic system. Proposes, moreover, that this …

meant by “revolution” and “socialism”. As with “capitalism” they should not be confused with the essence. The collapse of …

this view assumes. For example, the USSR never satisfied Marx′s view that socialism must be built on capitalism. Arguably …

production and commodity production prevail. Under the centrally directed system of socialism, the economic process must be …‐ordinating mechanism. In theory, the process of building socialism is a process of the withering away of the operation of the law of value … understanding of the fundamental differences between capitalism and socialism, or the failure of the Marxist‐Leninist dogma. It also …

Purpose – To review one of the earliest Chinese debates on socialism, highlighting the consequent changes in outlook by … initially favored Bismarckian socialism, but moved during the debate to increasing skepticism about a major economic role for …

between capitalism and socialism (effective state), so that a higher human, social and economic order is realised. Design … single capitalist triumphant orthodoxy. Practical implications – Socialism has failed and capitalism is in the process of … failing. Therefore, the only hope left to resurrect socialism and resuscitate capitalism, is a complementary and comprehensive …