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Author | : Joseph E. Stiglitz |
Publisher | : MIT Press |
Total Pages | : 353 |
Release | : 1996-01-31 |
Genre | : Business & Economics |
ISBN | : 0262691825 |
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The rapid collapse of socialism has raised new economic policy questions and revived old theoretical issues. In this book, Joseph Stiglitz explains how the neoclassical, or Walrasian model (the formal articulation of Adam Smith's invisible hand), which has dominated economic thought over the past half century, may have wrongly encouraged the belief that market socialism could work. Stiglitz proposes an alternative model, based on the economics of information, that provides greater theoretical insight into the workings of a market economy and clearer guidance for the setting of policy in transitional economies. Stiglitz sees the critical failing in the standard neoclassical model underlying market socialism to be its assumptions concerning information, particularly its failure to consider the problems that arise from lack of perfect information and from the costs of acquiring information. He also identifies problems arising from its assumptions concerning completeness of markets, competitiveness of markets, and the absence of innovation. Stiglitz argues that not only did the existing paradigm fail to provide much guidance on the vital question of the choice of economic systems, the advice it did provide was often misleading.
Author | : Joseph E. Stiglitz |
Publisher | : Mit Press |
Total Pages | : 338 |
Release | : 1994 |
Genre | : Business & Economics |
ISBN | : 9780262193405 |
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Author | : Leon Trotsky |
Publisher | : |
Total Pages | : 164 |
Release | : 1926 |
Genre | : Socialism |
ISBN | : |
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London edition (Methuen) has title: Towards socialism or capitalism?
Author | : Bernd Magnus |
Publisher | : Routledge |
Total Pages | : 252 |
Release | : 2013-10-28 |
Genre | : Philosophy |
ISBN | : 1134979169 |
Download Whither Marxism? Book in PDF, ePub and Kindle
This is the companion volume to Spectres of Marx , and tackles the central theme of the fate of Marxism after the global collapse of communism.
Author | : David Harvey |
Publisher | : Red Letter |
Total Pages | : 0 |
Release | : 2020 |
Genre | : Anti-globalization movement |
ISBN | : 9780745342085 |
Download The Anti-capitalist Chronicles Book in PDF, ePub and Kindle
A new book from one of the most cited authors in the humanities and social sciences
Author | : Yves Guyot |
Publisher | : |
Total Pages | : 316 |
Release | : 1894 |
Genre | : Socialism |
ISBN | : |
Download The Tyranny of Socialism ... Book in PDF, ePub and Kindle
Author | : Gary Blank |
Publisher | : John Hunt Publishing |
Total Pages | : 125 |
Release | : 2015-02-27 |
Genre | : History |
ISBN | : 1780997566 |
Download Is the East Still Red? Book in PDF, ePub and Kindle
Does China represent a non-capitalist alternative to neoliberal development models? Commentators on the left have offered sharply divergent assessments over the last two decades. A few still cling the old dream of market socialism, twinning efficiency with social justice. For most, however, China is proof that market reforms invariably yield dispossession, inequality, and capitalist restoration. Is the East Still Red? argues that both interpretations are wrong and exhibit a common failure to distinguish between market mechanisms and capitalist imperatives. Gary Blank situates the Chinese experience within broader Marxist debates on socio-historical transitions and primitive accumulation, highlighting the need to conceptualize capitalism as a unique system in which producers and appropriators depend on the market for their reproduction. Despite years of marketization, the mandarins in Beijing have not yet imposed full market dependence in industry and agriculture. He shows how the resistance of workers and peasants, the imperatives of party-state legitimacy, and the reproductive strategies of individual Communist officials and managers all act to perpetuate central aspects of a bureaucratic-collectivist system, in which direct producers and bureaucrats are effectively merged with the means of production. The People’s Republic may be a non-capitalist market alternative, albeit one that is hardly edifying for socialists.
Author | : C.M. Hann |
Publisher | : Routledge |
Total Pages | : 358 |
Release | : 2003-09 |
Genre | : History |
ISBN | : 1134504462 |
Download Postsocialism Book in PDF, ePub and Kindle
Social scientist did not predict the collapse of the socialist system in 1989-91. Their attempts to explain postsocialism have not been comprehensive. This book examines why, for the first time from an anthropological standpoint.
Author | : León Trotsky |
Publisher | : |
Total Pages | : 160 |
Release | : 2011-10-01 |
Genre | : |
ISBN | : 9781258119409 |
Download Whither Russia? Towards Capitalism Or Socialism Book in PDF, ePub and Kindle
Author | : Leon Trotsky |
Publisher | : |
Total Pages | : 83 |
Release | : 1973 |
Genre | : Socialism |
ISBN | : |
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