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Author: Mateusz Machaj
Publisher:
ISBN:
Category : Capitalism
Languages : en
Pages : 0
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Book Description
The comparative analysis of socialist and capitalist economic systems has given rise to a voluminous literature in the history of economic thought, yet detailed analysis of the 'market socialism' model, which seeks to imitate the functional efficiency of capitalism by simulating a competitive economy, has been relatively neglected. In this work, Mateusz Machaj seeks to redress this imbalance by providing an in-depth examination of one of the defining issues that separates capitalism from socialism - the system of ownership, or property rights - which, when explored, highlight fundamental problems in the market socialism model.
Author: Mateusz Machaj
Publisher:
ISBN:
Category : Capitalism
Languages : en
Pages : 0
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Book Description
The comparative analysis of socialist and capitalist economic systems has given rise to a voluminous literature in the history of economic thought, yet detailed analysis of the 'market socialism' model, which seeks to imitate the functional efficiency of capitalism by simulating a competitive economy, has been relatively neglected. In this work, Mateusz Machaj seeks to redress this imbalance by providing an in-depth examination of one of the defining issues that separates capitalism from socialism - the system of ownership, or property rights - which, when explored, highlight fundamental problems in the market socialism model.
Author: Mateusz Machaj
Publisher: Austrian Economics
ISBN: 9781788210355
Category : Business & Economics
Languages : en
Pages : 226
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Book Description
Mateusz Machaj offers an in-depth examination of one of the defining issues that separates capitalism from socialism--the system of ownership or property rights--to highlight fundamental problems in the market socialism model. He shows that the mechanism of efficiency in market socialism is unable to play the part ascribed to it by its theoreticians.
Author: Hanoch Dagan
Publisher: Cambridge University Press
ISBN: 1108418546
Category : Business & Economics
Languages : en
Pages : 343
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Book Description
Property law should expand opportunities for individual and collective self-determination and restrict options of interpersonal domination.
Author: Hans-Hermann Hoppe
Publisher: Springer Science & Business Media
ISBN: 9401578494
Category : Business & Economics
Languages : en
Pages : 281
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Book Description
Author: Hans-Hermann Hoppe
Publisher: Ludwig von Mises Institute
ISBN: 1610164687
Category :
Languages : en
Pages : 446
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Book Description
Author: S. Pejovich
Publisher: Springer Science & Business Media
ISBN: 0585285578
Category : Business & Economics
Languages : en
Pages : 204
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Book Description
To understand recent developments in Eastern Europe requires a method of analysis that is capable of internalizing into a theoretical framework (i) the logical premises deduced from the costs of transactions and incentive structures generated by various institutions and (ii) the evidence for refutable implications of those premises. The economics of property rights is such a theory. It expands the scope of the ability of economic analysis to explain a wide range of institutional structures and provides empirical corroboration of its logical implications. The economics of property rights is, then, an effective scholarly instrument that offers more significant understanding of the three current issues in the area of comparative economic studies: (i) evaluating the performance of alternative institutional arrangements, (ii) explaining the failure of socialist institutions in Eastern Europe, and (iii) identifying the costs (political as well as economic) of institutional reforms in that part of the world. In that sense, the book is both timely and relevant. In the late 1980s East Europeans crossed the threshold of fear and forced their leaders to abandon Marxism. With that theory of history dead and buried, the cost of current sacrifices in the pursuit of socialism has risen relative to the present value of its expected future benefits.
Author: János Kornai
Publisher: Oxford University Press, USA
ISBN: 0199334765
Category : Business & Economics
Languages : en
Pages : 206
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Book Description
In this book, János Kornai examines capitalism as an economic system and in comparison to socialism. The two essays of this book will explore these differing ideologies on macro and micro levels, ending with definitive explanations of how the systems work and how they develop.
Author:
Publisher: Ludwig von Mises Institute
ISBN: 1610163214
Category :
Languages : en
Pages : 291
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Book Description
Author: Eirik Grundtvig Furubotn
Publisher: Cambridge, Mass. : Ballinger Publishing Company
ISBN:
Category : Business & Economics
Languages : en
Pages : 408
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Book Description
Author: Ludwig Von Mises
Publisher: Ludwig von Mises Institute
ISBN: 1610164075
Category : Capitalism
Languages : en
Pages : 54
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Book Description
"Originally delivered as a lecture at Princeton University, October 1958, at the 9th meeting of the Mont Pelerin Society"--Page 7. Includes bibliographical references.
