Book Cover
Book
Author Arnold, N. Scott.

Title The philosophy and economics of market socialism : a critical study / N. Scott Arnold
Published New York : Oxford University Press, 1994

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 W'PONDS  335 Arn/Pae  AVAILABLE
Description xiv, 301 pages ; 25 cm
Contents 1. Capitalism versus Socialism: An Analytical Perspective. Defining the Terms. The Nature of the Dispute. Criticizing Economic Systems. Defending Economic Systems. Resolution and Progress in the Dispute -- 2. Why Market Socialism? Motivating the Market. Social Ownership in a Market Economy. The Motivations for Social Ownership -- 3. Economic Exploitation. Exploitation as the Failure of Reciprocity. The Value of One's Contribution. Fair Exchanges and the Value of One's Contribution. The Question of Alternatives -- 4. Exploitation and the Economics of Organizations. Comparing Types of Economic Systems. The Foundations of the Economics of Organizations. An Illustration: The Classical Capitalist Firm. The Empirical Preconditions for Exploitation. Opportunism, Appropriable Quasi-Rents, and Exploitative Exchange -- 5. Transactions Cost Efficiencies of Capitalist Organizations. Some Methodological Considerations. The Classical Capitalist Firm Revisited. The Open Corporation
The Employment Relation in a Free Enterprise System -- 6. Exploitation in a Market Socialist Economy I. More Methodological Considerations. Exploitation among and by the Residual Claimants in the Cooperative. Other Forms of Exploitation in the Small-to-Medium-sized Cooperative -- 7. Exploitation in a Market Socialist Economy II. Exploitation in and through the Large Cooperative. Exploitation through State Organizations -- 8. Other Options for Market Socialism? Equity Ownership and Market Socialism. Other Forms of Ownership and Market Socialism. The Socialist Vision of the Good Society
Notes Includes index
Bibliography Includes bibliographical references (pages 283-291) and index
Subject Marxian economics.
Mixed economy.
Socialism.
LC no. 93031714
ISBN 0195088271 (alk. paper)