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.

Download or read book Socialism Capitalism and Economic Growth written by C. H. Feinstein and published by Cambridge University Press. This book was released on 1975-12-04 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: These essays were written in 1969 to mark the retirement of Maurice Dobb from the Readership in Economics an Cambridge University. The contributors are economists and historians from many parts of the world. The unifying theme, economic growth and planning under socialism and capitalism, was central to the major part of Maurice Dobb's work.

Download or read book The Future of Capitalism written by Paul Collier and published by HarperCollins. This book was released on 2018-12-04 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bill Gates's Five Books for Summer Reading 2019 From world-renowned economist Paul Collier, a candid diagnosis of the failures of capitalism and a pragmatic and realistic vision for how we can repair it. Deep new rifts are tearing apart the fabric of the United States and other Western societies: thriving cities versus rural counties, the highly skilled elite versus the less educated, wealthy versus developing countries. As these divides deepen, we have lost the sense of ethical obligation to others that was crucial to the rise of post-war social democracy. So far these rifts have been answered only by the revivalist ideologies of populism and socialism, leading to the seismic upheavals of Trump, Brexit, and the return of the far-right in Germany. We have heard many critiques of capitalism but no one has laid out a realistic way to fix it, until now. In a passionate and polemical book, celebrated economist Paul Collier outlines brilliantly original and ethical ways of healing these rifts—economic, social and cultural—with the cool head of pragmatism, rather than the fervor of ideological revivalism. He reveals how he has personally lived across these three divides, moving from working-class Sheffield to hyper-competitive Oxford, and working between Britain and Africa, and acknowledges some of the failings of his profession. Drawing on his own solutions as well as ideas from some of the world’s most distinguished social scientists, he shows us how to save capitalism from itself—and free ourselves from the intellectual baggage of the twentieth century.

Download or read book Capitalism Socialism and Serfdom written by Evsey D. Domar and published by Cambridge University Press. This book was released on 1989-11-24 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: The collection consists of four parts: Part I presents three non-technical essays on economic development and economic systems. Four out of five essays in Part II deal with the theory and measurement of the so-called Index of Total Factor Productivity for several countries. The fifth essay is on the theory of index numbers. The first essay of Part III compares the American and Soviet patterns of economic development and finds that the path followed by each country might have been optimal for it at the time. The second essay develops a general theory of a producer cooperative. The third essay discusses a method for avoiding monopolistic exploitation, under either system, without price control. Part IV presents three applications of economic theory to historical problems - in particular, to serfdom and slavery. The first, on 'The Causes of Slavery or Serfdom', has become a classic. The second challenges the widely accepted view that Russian serfdom had become unprofitable for the serf-owners before the Emancipation of 1861. The last shows that the oft-repeated estimate of the overcharge for land allotted to the former serfs by the Emancipation has little basis in fact.

Download or read book Socialist Economic Development and Reforms written by J. Wilczynski and published by Springer. This book was released on 1972-06-18 with total page 365 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book How China Became Capitalist written by R. Coase and published by Springer. This book was released on 2016-04-30 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: How China Became Capitalist details the extraordinary, and often unanticipated, journey that China has taken over the past thirty five years in transforming itself from a closed agrarian socialist economy to an indomitable economic force in the international arena. The authors revitalise the debate around the rise of the Chinese economy through the use of primary sources, persuasively arguing that the reforms implemented by the Chinese leaders did not represent a concerted attempt to create a capitalist economy, and that it was 'marginal revolutions' that introduced the market and entrepreneurship back to China. Lessons from the West were guided by the traditional Chinese principle of 'seeking truth from facts'. By turning to capitalism, China re-embraced her own cultural roots. How China Became Capitalist challenges received wisdom about the future of the Chinese economy, warning that while China has enormous potential for further growth, the future is clouded by the government's monopoly of ideas and power. Coase and Wang argue that the development of a market for ideas which has a long and revered tradition in China would be integral in bringing about the Chinese dream of social harmony.

Download or read book The Economic Sociology of Capitalism written by Victor Nee and published by Princeton University Press. This book was released on 2005-07-25 with total page 505 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contributors examine the nature & workings of capitalism from the perspective of economic sociology.

Download or read book Capitalism Socialism and Democracy written by Joseph A. Schumpeter and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explores the relation between a socialist view of society and the democratic method of government; argues that socialism is probably inevitable, for political rather than economic reasons. The book developes five principal themes, presented in five parts. Part I, "The Marxian Doctrine," attests to Schumpeter's belief in the importance of Karl Marx's thought, and discusses Marx in the roles of prophet, sociologist, economist, and teacher. His strength lay in synthesis of history, economics, and politics into a vision and system (which Schumpeter admires) that that can be used for solving problems and contributing to knowledge and insight; the value of Marx's theories and conclusions are found wanting. Part II "Can Capitalism Survive?" shows that a socialist form of society will inevitably emerge from the inevitable decomposition of capitalist society. Essential to capitalism is the process of "creative destruction," which constantly revolutionizes the system from within; this revolutionary transformation of capitalism, which spells its doom, results from its success--not, as Marx argued, from its failure. In Schumpeter's view of capitalism, monopolistic policies promote stability and increase efficiency; unemployment and business cycles accompany economic growth; and without political interference, output would increase and standard of living increase. The entrepreneurial function, which revolutionizes production by exploiting innovation, becomes routine and obsolete due to technical development and rise of big firms; the entrepreneur becomes a bureaucrat. Without innovating enterprise, profit will vanish or become unimportant. Capitalism's success undermines the social conditions that protect it. Capitalism will not survive because public opinion will not support it: the bourgeoisie is not equipped for politics; corporate evolution and decline of the family have reduced the bourgeois sense of property and incentives; destruction of monarchy and aristocracy have deprived the bourgeois of its protectors; and disenchanted intellectuals inflame discontent with free enterprise. Establishment of socialism can be expected. Part III, "Can Socialism Work?" answers, "Of course it can." Socialism for Schumpeter is centralized control over the means of production. Necessary for the success of socialism is reaching the requisite stage of industrial development and resolution of transitional problems. The assessment of a socialist society should be based less on economic efficiency than on the quality of the bureaucratic apparatus operating the system. Socialism may likely be as successful in satisfying consumers, promoting economic progress, and enforcing discipline and efficiency. Part IV, "Socialism and Democracy" argues one can have autocratic, theocratic, or democratic socialism. Socialism's economic problem should only be discussed referring to the given state of the social environment and historical situation. Schumpeter alternatively defines democracy as people's selection of a government. Socialism may be democratic if certain conditions are met: politics must be culturally valued, range of political decisions must be fairly narrow, a well-trained bureaucracy exists, and the public exercises democratic self control. Part V, "Historical Sketch of Socialist Parties" analyzes the history of the most important socialist parties in England, Sweden, U.S., France, Germany, and Austria, emphasizing how they tried to live within the structure of a Marxist system and to remain alive and grow politically. Socialism, though, is likely to present fascist features. (TNM).

Download or read book Good Capitalism Bad Capitalism and the Economics of Growth and Prosperity written by William J. Baumol and published by Yale University Press. This book was released on 2007-01-01 with total page 333 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this important book, William J. Baumol, Robert E. Litan, and Carl J. Schramm contend that the answers to these questions lie within capitalist economies, though many observers make the mistake of believing that "capitalism" is of a single kind. Writing in an accessible style, the authors dispel that myth, documenting four different varieties of capitalism, some "Good" and some "Bad" for growth. The authors identify the conditions that characterize Good Capitalism--the right blend of entrepreneurial and established firms, which can vary among countries--as well as the features of Bad Capitalism. They examine how countries catching up to the United States can move faster toward the economic frontier, while laying out the need for the United States itself to stick to and reinforce the recipe for growth that has enabled it to be the leading economic force in the world. This pathbreaking book is a must read for anyone who cares about global growth and how to ensure America's economic future.

Download or read book The Capitalism Paradox written by Paul H. Rubin and published by Bombardier Books. This book was released on 2019-07-30 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: In spite of its numerous obvious failures, many presidential candidates and voters are in favor of a socialist system for the United States. Socialism is consistent with our primitive evolved preferences, but not with a modern complex economy. One reason for the desire for socialism is the misinterpretation of capitalism. The standard definition of free market capitalism is that it’s a system based on unbridled competition. But this oversimplification is incredibly misleading—capitalism exists because human beings have organically developed an elaborate system based on trust and collaboration that allows consumers, producers, distributors, financiers, and the rest of the players in the capitalist system to thrive. Paul Rubin, the world’s leading expert on cooperative capitalism, explains simply and powerfully how we should think about markets, economics, and business—making this book an indispensable tool for understanding and communicating the vast benefits the free market bestows upon societies and individuals.

Download or read book Socialism Capitalism Transformation written by Leszek Balcerowicz and published by Central European University Press. This book was released on 1995-01-01 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume gathers together essays on the theme of economic transition in Central and Eastern Europe, written by the former Polish Minister of Finance. In it, the author summarizes the research on institutions, institutional change and human behaviour that he has undertaken since the late 1970s. He addresses such issues as the socialist market economy, reformability of the Soviet-type economic system, democratization and market-orientated reform in Central and Eastern Europe, and the Polish model of economic reform.

Download or read book Taking Stock of Shock written by Kristen Ghodsee and published by Oxford University Press. This book was released on 2021 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introduction: Transition from communism - qualified success or utter catastrophe? -- The plan for a J-curve transition -- Plan meets reality -- Modifying the framework -- Counter-narratives of catastrophe -- Where have all the people gone? -- The mortality crisis -- Collapse in fertility -- Outmigration crisis -- Disappointment with transition -- Public opinion of winners and losers -- Evaluations shift over time -- Towards a new social contract? -- Portraits of desperation -- Resistance is futile -- Return to the past -- The patriotism of despair -- Conclusion: Towards an inclusive prosperity.

Download or read book Crony Capitalism and Economic Growth in Latin America written by Stephen Haber and published by Hoover Institution Press. This book was released on 2013-11-01 with total page 173 pages. Available in PDF, EPUB and Kindle. Book excerpt: Crony capitalism systems—in which those close to political policymakers receive favors allowing them to earn returns far above market value—are a fundamental feature of the economies of Latin America. Haber and his expert contributors draw from case studies in Mexico, Brazil, and other countries around the world to examine the causes and consequences of cronyism.

Download or read book Dynamism Rivalry and the Surplus Economy written by János Kornai and published by Oxford University Press, USA. This book was released on 2014 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book, János Kornai examines capitalism as an economic system and in comparison to socialism. The two essays of this book will explore these differing ideologies on macro and micro levels, ending with definitive explanations of how the systems work and how they develop.

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:

Download or read book The 99 Percent Economy written by Paul S. Adler and published by . This book was released on 2019 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: A pragmatic vision of how democratic socialism can overcome the economic, workplace, political, environmental, social, and international crises that we face today.

Download or read book Political Capitalism written by Randall G. Holcombe and published by Cambridge University Press. This book was released on 2018-07-19 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: Problems associated with cronyism, corporatism, and policies that favor the elite over the masses have received increasing attention in recent years. Political Capitalism explains that what people often view as the result of corruption and unethical behavior are symptoms of a distinct system of political economy. The symptoms of political capitalism are often viewed as the result of government intervention in a market economy, or as attributes of a capitalist economy itself. Randall G. Holcombe combines well-established theories in economics and the social sciences to show that political capitalism is not a mixed economy, or government intervention in a market economy, or some intermediate step between capitalism and socialism. After developing the economic theory of political capitalism, Holcombe goes on to explain how changes in political ideology have facilitated the growth of political capitalism, and what can be done to redirect public policy back toward the public interest.