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Book Cover
E-book
Author Nove, Alec

Title The Economics of Feasible Socialism
Published Hoboken : Taylor and Francis, 2013

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Description 1 online resource (521 pages)
Contents Cover; Title Page; Copyright Page; Original Title Page; Original Copyright Page; Table of Contents; Preface; A Note on the Notes; Introduction Socialism -- Why?; Part 1 The Legacy of Marx; What Did Marx Mean by Socialism?; Abundance, Scarcity and the New Man; The Law of Value under Socialism; A Digression on Marxian Economics; Sancta Simplicitas; The Ex Ante Illusion; Quality and Quantity; Division of Labour; Material and Moral Incentives; The Proletariat and Productive Labour; The Legacy of Marx: Some Conclusions; Addendum: More on Human Psychology and 'Reductionism'
Part 2 Socialism and the Soviet ExperienceIntroduction; Externalities and 'Internalities'; Shortages and the Sellers' Market; Plan Indicators and the Evaluation of Performance; The 'Curse of Scale', Innovation and Bureaucratic Fragmentation; Is It Planning?; Class Structure, Labour, Wages and Trade Unions; Agriculture and the Peasants; Investment Decisions and Criteria in Theory and Practice; Prices in Theory and Practice; Mathematical Methods and Programming; Growth and Full Employment; Foreign Trade; The Cost of What Is Missing; Conclusion: Centralised Planning and Democratic Socialism
A Short Digression on 'Ideology'Part 3 Reform Models: Hungary, Yugoslavia, Poland, China; Some 'Revisionist' Critiques; The Hungarian Reform; Yugoslavia and Workers' Self-Management; Private Agriculture in Yugoslavia and Poland: Peasants and Farmers; The Polish Experience: the Road to Catastrophe page; China: Leap Forward, Cultural Revolution and Reform; Part 4 Transition; Some Introductory Remarks; Transition I: From Capitalism to Socialism; Some Thoughts on Nationalisation; Transition II: From 'Socialism' to Socialism; 'Developmental Socialism'; Part 5 Feasible Socialism
Some Social-Political AssumptionsEnterprises, Markets and Competition; Prices, Profits and Theory of Value; Division of Labour, Income Differentials and Self-Management; Investments and Growth; Foreign Trade; The Economic Role of Democratic Politics; Is It Socialism?; Conclusion; Appendix 1: On Contradiction; Appendix 2: Two Critiques; Appendix 3: A Note on Utopia; Name Index; Subject Index; Notes
Summary The first part of The Economics of Feasible Socialism demonstrates why Marx's theories provide no guide to the issues that must face economists under any realistically conceivable Socialism. The experience of communist-ruled countries, especially the former Soviet Union, is often negative: economic inefficiency, bureaucracy, despotism. The causes of these defects and possible remedies and reforms are discussed. The problems of transition, in the context of Western industrialized countries and of developing countries, is also examined, with particular attention centred on the errors o
Notes Print version record
Subject Socialism.
Socialism -- History -- 20th century
Marxian economics.
Economic history -- 20th century.
Economic history
Marxian economics
Socialism
Genre/Form History
Form Electronic book
ISBN 9781136505355
1136505350