[PDF] Socialism And The Market The Natural Economy eBook

Author : David McNally
Publisher : Verso
Page : 276 pages
File Size : 12,97 MB
Release : 1993-12-17
Category : Business & Economics
ISBN : 9780860916062

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In this innovative book, David McNally develops a powerful critique of market socialism, by tracing it back to its roots in early political economy. He ranges from Adam Smith’s attempt to reconcile moral philosophy with market economics to Malthus’s reformulation of Smith’s political economy which made it possible to justify poverty as a moral necessity. Smith’s economic theory was also the source of an attempt to construct a critique of capitalism derived from his conception of free and equal exchange governed by natural price. This Smithian forerunner of today’s market socialism sought to reform the market without abolishing the social relations on which it was based. McNally explores this tradition sympathetically, but exposes its fatal flaws. The book concludes with an incisive consideration of efforts by writers such as Alec Nove to construct a “feasible” model of market socialism. McNally shows these efforts are still plagued by the failure of early Smithian socialism to come to grips with the social foundations of the market, the commodification of labor-power which is the key to market regulation of the economy. The results, he argues, are neither socialist nor workable.

Author : Elmar Altvater
Publisher : Verso
Page : 294 pages
File Size : 41,20 MB
Release : 1993-06-17
Category : Business & Economics
ISBN : 9780860916109

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Considers the discordant state of the capitalist world in the 1990s, drawing on both green and socialist economies. Altvater's central concern is to examine the claims made for the market, both in the history of capitalism and in the globalized market economy.

Author : Arve Hansen
Publisher : Springer Nature
Page : 358 pages
File Size : 13,41 MB
Release : 2020-10-26
Category : History
ISBN : 9811562482

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This book is intended for policy-makers, academics and students of development studies, area studies, political economy, geography and political science. Three of the best global performers in terms of economic growth are authoritarian states led by communist parties. The ‘socialist market economy’ model employed in China, Vietnam and Laos performs better than the economic systems in countries at a similar level of income per capita on a wide range of development indicators, yet market reforms and governance failures have led to highly unequal societies and significant environmental problems. This book presents the first comparative study of development in these three countries. Written by country experts and scholars of development studies, it explores the ongoing quest for market versus state within their model, and the coherence of their development. Chapter 5 is available open access under a Creative Commons Attribution 4.0 International License via link.springer.com.

Author : Johanna Bockman
Publisher : Stanford University Press
Page : 556 pages
File Size : 14,58 MB
Release : 2011-07-26
Category : Business & Economics
ISBN : 0804778965

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The worldwide spread of neoliberalism has transformed economies, polities, and societies everywhere. In conventional accounts, American and Western European economists, such as Milton Friedman and Friedrich von Hayek, sold neoliberalism by popularizing their free-market ideas and radical criticisms of the state. Rather than focusing on the agency of a few prominent, conservative economists, Markets in the Name of Socialism reveals a dialogue among many economists on both sides of the Iron Curtain about democracy, socialism, and markets. These discussions led to the transformations of 1989 and, unintentionally, the rise of neoliberalism. This book takes a truly transnational look at economists' professional outlook over 100 years across the capitalist West and the socialist East. Clearly translating complicated economic ideas and neoliberal theories, it presents a significant reinterpretation of Cold War history, the fall of communism, and the rise of today's dominant economic ideology.

Author : Alec Nove
Publisher :
Page : 592 pages
File Size : 12,80 MB
Release : 1994
Category : Business & Economics
ISBN :

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These extracts concern the relationship between market and plan, or how to organize an economy to best satisfy demands for efficiency, compassion and freedom. Beginning with Karl Marx, this volume presents the non-market, market and mixed market models. It includes the socialist calculation debate and the experiences of Russia, East-Central Europe, Sweden, the US and China.

Author : Elisabeth L. Tamedly
Publisher : Ludwig von Mises Institute
Page : 324 pages
File Size : 40,81 MB
Release : 1969
Category : International economic relations
ISBN : 1610163400

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The theory of international economic order is concerned with two basically different types of human relationships: those that belong to the private sphere of the individual and which are amenable to the rule of law (the "dominium") and those that are backed by sovereign national power (the "imperium"). It is very important to know which fields of human activity are subject, within a given state, to imperium and which are left to the regulating influence of market values and private law.

Author : Makoto Itoh
Publisher : Springer
Page : 254 pages
File Size : 20,56 MB
Release : 1995-06-12
Category : Political Science
ISBN : 1349240184

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A reconsideration of socialism in the post-Soviet era based on the theoretical achievements of Japanese Marxist political economy. The origins and the various components of the broad current of socialist thought, as well as the implications of Marx's economic theories for socialism, are explored afresh. The Western debate on the rationality of a socialist economy, starting in the 1920s and continuing to the present, is reviewed and reassessed. The book further inquires into the nature, the achievements, and the character of the systemic change in the socialist economies of the Soviet Union, Eastern Europe, and China. The existence of a broad range of alternatives for future socialism, which can be chosen flexibly by the people of each society, is the message suggested by the book.