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Author | : James A. Yunker |
Publisher | : Springer Science & Business Media |
Total Pages | : 157 |
Release | : 2012-12-06 |
Genre | : Business & Economics |
ISBN | : 9401121907 |
Download Capitalism versus Pragmatic Market Socialism Book in PDF, ePub and Kindle
Capitalism versus Pragmatic Market Socialism: A General Equilibrium Evaluation contains important contributions both to general economic theory and to the evaluation of potential market socialist economic systems. As a contribution to economic theory, the general equilibrium model utilized in the research introduces the concept of `capital management effort' as a third primary factor of production (in addition to labor and saving) provided by private households. Capital management effort represents such things as corporate supervision, investment analysis, entrepreneurship, and related activity by the household which is intended to increase the rate of return on its capital wealth. As a contribution to the evaluation of market socialism, this research sheds powerful illumination on the potential performance of a specific variant of market socialism known as `pragmatic market socialism'. Pragmatic market socialism is a plan of market socialism designed to work `almost exactly' like contemporary capitalism. The key differences would be the enforcement of a profit incentive on the publicly owned corporations by an agency designated the Bureau of Public Ownership, and the distribution of the preponderance of capital property return produced by the publicly owned corporations as a social dividend supplement to the household's wage and salary income. The analysis reported in this book shows precisely under what conditions pragmatic market socialism would perform better than capitalism, and under what conditions the opposite would be true. The fundamental implication forthcoming from the research is that the potential performance of pragmatic market socialism relative to capitalism is an empirical rather than a theoretical question.
Author | : James A. Yunker |
Publisher | : Praeger |
Total Pages | : 0 |
Release | : 1992-04-30 |
Genre | : Business & Economics |
ISBN | : 0275941345 |
Download Socialism Revised and Modernized Book in PDF, ePub and Kindle
This volume advocates pragmatic market socialism and offers a penetrating critique of the entire range of capitalist apologetics. As James A. Yunker envisions it, pragmatic market socialism would virtually duplicate the everyday economic functions of market capitalist economies, such as the United States' economy. However, public ownership of large, established corporations would enable profits to be distributed among the entire labor force rather than going largely to a class of inheriting rentiers. Pragmatic market socialism would be a means of enhancing economic justice and fairness without sacrificing the efficiency advantages of free enterprise and the market economy. Yunker presents both theoretical and empirical evidence countering various widely-accepted justifications for capitalism. He argues that much of what passes for anti-socialist thought does not actually address socialism at all but rather the various adverse historical correlates of socialism such as the Communist one-party state, Soviet-style central planning, and the Scandinavian welfare state. This book will be of great interest to economists specializing in comparative economic systems to political scientists with an interest in the evolution of political/economic systems.
Author | : James A. Yunker |
Publisher | : Routledge |
Total Pages | : 499 |
Release | : 2018-05-08 |
Genre | : Business & Economics |
ISBN | : 1351775383 |
Download On the Political Economy of Market Socialism Book in PDF, ePub and Kindle
This title was first published in 2001. Spanning a quarter of a century, this collection makes conveniently accessible 14 of Yunker’s thorough and highly illuminating contributions to the literature on market socialism.
Author | : James A. Yunker |
Publisher | : |
Total Pages | : 424 |
Release | : 1997 |
Genre | : Business & Economics |
ISBN | : |
Download Economic Justice Book in PDF, ePub and Kindle
This volume thoroughly examines the case for democratic market socialism in light of both the real-world and intellectual history of socialism. James Yunker provides a clear and jargon-free account of this highly controversial issue. Covering the history of the market socialist idea from the precursors of Oskar Lange to the present, Yunker examines the subject not only in terms of formal economic theory, but in the context of the actual history of communistic socialism as practiced in the U.S.S.R., Eastern Europe, the P.R.C., and elsewhere. The book's historical content and readability will make it of great interest not only to economists and historians of socialism, but to any reader seeking to learn more about the place of market socialism in history and its potential for future application.
Author | : N. Scott Arnold |
Publisher | : Oxford University Press |
Total Pages | : 316 |
Release | : 1994-08-18 |
Genre | : Philosophy |
ISBN | : 0195358511 |
Download The Philosophy and Economics of Market Socialism Book in PDF, ePub and Kindle
N. Scott Arnold argues that the most defensible version of a market socialist economic system would be unable to realize widely held socialist ideals and values. In particular, it would be responsible for widespread and systematic exploitation. The charge of exploitation, which is really a charge of injustice, has typically been made against capitalist systems by socialists. This book argues that it is market socialism--the only remaining viable form of socialism--that is systematically exploitative.
Author | : Frank Roosevelt |
Publisher | : Routledge |
Total Pages | : 412 |
Release | : 2016-09-16 |
Genre | : Political Science |
ISBN | : 131528667X |
Download Why Market Socialism? Book in PDF, ePub and Kindle
A collection of essays on market socialism, originally published in Dissent between 1985 and 1993. Among other topics, they take issue with the traditional view that socialism means rejecting the use of markets to organise economic activities, and question the reliance upon markets.
Author | : David Schweickart |
Publisher | : Routledge |
Total Pages | : 212 |
Release | : 2016-04-22 |
Genre | : Political Science |
ISBN | : 1134954549 |
Download Market Socialism Book in PDF, ePub and Kindle
Aside from Post Modernism, probably the hottest topic today among socialist scholars world-wide is Market Socialism. In this book, four leading socialist scholars present both sides of the debate--two for, and two against--highlighting the different perspectives from which Market Socialism has been viewed. Arguing in favor of Market Socialism are the philosophers David Schweickart and James Lawler. While opposing them and Market Socialism are the political economist Hillel Ticktin and the political theorist Bertell Ollman. The evidence and arguments found in this book will prove invaluable to readers interested in the future of socialism.
Author | : Cullen Roche |
Publisher | : Macmillan |
Total Pages | : 252 |
Release | : 2014-07-08 |
Genre | : Business & Economics |
ISBN | : 1137279311 |
Download Pragmatic Capitalism Book in PDF, ePub and Kindle
Explores the importance of the global economy, and provides insights for getting the most out of investments to achieve financial success.
Author | : Peter J. Boettke |
Publisher | : Taylor & Francis |
Total Pages | : 640 |
Release | : 2000 |
Genre | : |
ISBN | : 9780415195874 |
Download Socialism and the Market: The natural economy Book in PDF, ePub and Kindle
Author | : John E. Roemer |
Publisher | : Harvard University Press |
Total Pages | : 196 |
Release | : 1994 |
Genre | : Business & Economics |
ISBN | : 9780674339460 |
Download A Future for Socialism Book in PDF, ePub and Kindle
In this text, Roemer proposes a new future of socialism based on a redefinition of market socialism. The Achille's heel of socialism has always been maintaining innovation and efficiency in an economy in which income is equally distributed. Roemer points out that large capitalist firms have already solved a similar problem: in those firms, profits are distributed to numerous shareholders, yet they continue to innovate and compete. The author argues for a modified version of socialism, not necessarily based on public ownership, but founded on equality of opportunity and political influence.