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Random samples of the Moscow and New York populations were compared in their attitudes towards free markets by administering identical telephone interviews in the two countries in May, 1990. Although the Soviet respondents were somewhat less likely to accept exchange of money as a solution to...
Persistent link: https://www.econbiz.de/10005634715
This article was published in the Czech Journal “Plánované hospodářství” in 1967. This was the time of rapid changes both in the Czechoslovak economic and political theory as well as in actual economic and political systems that culminated in the “Prague Spring” of 1968. These...
Persistent link: https://www.econbiz.de/10005790195
said very little about the concrete organization of a socialist economy. His general remarks about socialism were … 'elaborated' by his followers by inference from Marx's criticism of capitalism and by inclusion of principles that did originate …
Persistent link: https://www.econbiz.de/10005126081
Klaus, are defended against the leftis criticism that favored either market socialism or the so called 'Third Way'. On the …
Persistent link: https://www.econbiz.de/10005407657
China?s Great Leap Forward (GLF) of 1958-61, a campaign of unprecedented mobilization efforts to achieve rapid industrialization, ended as a catastrophe. National grain production collapsed and a widespread famine claimed millions of human lives. This paper reviews a growing economic literature...
Persistent link: https://www.econbiz.de/10005704243
In my book entitled Socialism, Economic Calculation and Entrepreneurship I explain in theoretical terms what socialism … is and why it is an intellectual error, a scientific impossibility, why the socialism which still exists, despite the …
Persistent link: https://www.econbiz.de/10010965607
The paper considers four definitions of socialism. The definition of socialism as the public ownership of production … socialism as the overturn of the capital-labour relation. The author, however thinks that a correct definition requires the … public ownership of production means and the upsetting of the relation capital-labour. The other two definitions of socialism …
Persistent link: https://www.econbiz.de/10010858744
The controversy on the convergence of socialism and capitalism has recently been focused on China. In this paper, an … industrial organisation framework is used to portray the key features of "Socialism with Chinese Characteristics." The structure … examination of this fusion reveals a number of implications for the world food economy and international socialism. …
Persistent link: https://www.econbiz.de/10010914365
Schumpeter’s forecast in his Capitalism, Socialism and Democracy (<CitationRef CitationID="CR52">1942</CitationRef …, capitalism rightly meant, not just individual property rights, but the ability to ‘create money from nothing.’ This is such an …, however imperfectly, by denial of incorporation with limited liability to those who dealt in money. The decline of capitalism …
Persistent link: https://www.econbiz.de/10011001826
After the demise of “real” socialism and the decline of “western” socialism, socialism can be salvaged as a social … socialism could derive from the socialization of consumption, if the consumption of public goods continues to make up a growing …
Persistent link: https://www.econbiz.de/10011260991