Capitalism, Socialism and Property Rights
Author | : Mateusz Machaj |
Publisher | : |
Total Pages | : 0 |
Release | : 2023 |
Genre | : Capitalism |
ISBN | : |
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The comparative analysis of socialist and capitalist economic systems has given rise to a voluminous literature in the history of economic thought, yet detailed analysis of the 'market socialism' model, which seeks to imitate the functional efficiency of capitalism by simulating a competitive economy, has been relatively neglected. In this work, Mateusz Machaj seeks to redress this imbalance by providing an in-depth examination of one of the defining issues that separates capitalism from socialism - the system of ownership, or property rights - which, when explored, highlight fundamental problems in the market socialism model.