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Author: Pawel H. Dembinski
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 272
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Book Description
This timely book examines and seeks to explain the inner contradictions of centrally planned economies and shows how the seeds of their collapse had existed within the system from the very start. The author shows how the orthodox ideological principles of the system rendered it inflexible and incapable of reform and thus unable to transform itself into an efficient modern economy. Though the system as such has ceased to exist, it is as yet only the rules that have disappeared--the system's components continue to exist and, the author argues, a proper understanding of the origins and previous functions of each component is necessary if it is to be integrated into the new system.
Author: Pawel H. Dembinski
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 272
Get Book Here
Book Description
This timely book examines and seeks to explain the inner contradictions of centrally planned economies and shows how the seeds of their collapse had existed within the system from the very start. The author shows how the orthodox ideological principles of the system rendered it inflexible and incapable of reform and thus unable to transform itself into an efficient modern economy. Though the system as such has ceased to exist, it is as yet only the rules that have disappeared--the system's components continue to exist and, the author argues, a proper understanding of the origins and previous functions of each component is necessary if it is to be integrated into the new system.
Author: Hans Hirsch
Publisher: University of Pennsylvania Press
ISBN: 1512802506
Category : Business & Economics
Languages : en
Pages : 272
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Book Description
Karl Scholz's translation of the study Mengenplanung und Preisplanung in der Sovijunion by Hans Hirsch reproduces the provocative thesis of the author in concise, lucid English. The need for such a book is made dear in Hans Hirsch's introduction: "The question of economic accounting under socialism has attracted much interest for a long time. This is primarily due to its key position in the controversy over the economic order. However, if understood correctly, it is just as important to pure economic theory. Here lies the best opportunity first to examine price theory statements and to perceive how far price theory has either general validity or is merely applicable to particular historical phenomena and, secondly, to separate out the items that are not determined by the logic of the theoretical system but by the incidental peculiarities of the empirical economy to which the theory is related. Hans Hirsch's treatise deals with the Soviet experience and difficulties. The treatise also shows the methods of economic guidance employed in Russia by considering the following significant theoretical economic series of topics: the principles determine quantities of product and the direction of their use; the distribution of authority and influence between higher and lower guiding agencies; the role of prices in the guiding process; and finally the operating forces and viewpoints, in setting prices. In the presentation the conflict between the system of material planning, which forms the basis, and the effects of the financial means of guidance, especially of prices, becomes clearly visible. This gives occasion to attempt a theoretical interpretation of the material guidance system, as such, and in its relationship to a financial guidance system. In so doing the author expresses views as to the basic compatibility of material and financial guidance methods, contrary to hitherto prevailing doctrine. The knowledge thus acquired will serve as renewed stimulus to further development of the theory of economic planning.
Author: Don Lavoie
Publisher: Cato Institute
ISBN: 193718420X
Category : Political Science
Languages : en
Pages : 308
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Book Description
Don Lavoie argues that the radical Left's enthusiasm for planning has been a tragic mistake and that progressive social change requires the abandonment of this traditional view. Lavoie argues that planning—whether Marxism, economic democracy, or industrial policy—can only disrupt social and economic coordination. He challenges both radicals and their critics to begin reformulating our whole notion of progressive economic change without reliance on central planning. National Economic Planning: What is Left? will challenge thinkers and policymakers of every political persuasion.
Author: H. Blomqvist
Publisher: Springer
ISBN: 1403914346
Category : Business & Economics
Languages : en
Pages : 265
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Book Description
An economy does not always work according to idealized textbook models. Frequently, economic systems are subject to wide-ranging distortions and require remedy via subsidy and taxes to restore their social optimum. In The Distorted Economy, Hans C. Blomqvist and Mats Lundahl describe how to tackle the various distortions on goods and factor markets and apply their analytic framework to several case studies such as the trade policy of developing countries, apartheid in South Africa and socialist planned economies. The authors offer an important and timely analysis of the cause, effect and resolution of distortions in the economy.
Author: Barry Naughton
Publisher: Cambridge University Press
ISBN: 9780521574624
Category : Business & Economics
Languages : en
Pages : 398
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Book Description
This is a comprehensive study of China's economic reforms, from their beginnings at the end of 1978 through the completion of many of the initial reform measures during 1993. The features of Chinese reform that differ from the former USSR are highlighted.
Author: Isabella M. Weber
Publisher: Routledge
ISBN: 042995395X
Category : Business & Economics
Languages : en
Pages : 256
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Book Description
China has become deeply integrated into the world economy. Yet, gradual marketization has facilitated the country’s rise without leading to its wholesale assimilation to global neoliberalism. This book uncovers the fierce contest about economic reforms that shaped China’s path. In the first post-Mao decade, China’s reformers were sharply divided. They agreed that China had to reform its economic system and move toward more marketization—but struggled over how to go about it. Should China destroy the core of the socialist system through shock therapy, or should it use the institutions of the planned economy as market creators? With hindsight, the historical record proves the high stakes behind the question: China embarked on an economic expansion commonly described as unprecedented in scope and pace, whereas Russia’s economy collapsed under shock therapy. Based on extensive research, including interviews with key Chinese and international participants and World Bank officials as well as insights gleaned from unpublished documents, the book charts the debate that ultimately enabled China to follow a path to gradual reindustrialization. Beyond shedding light on the crossroads of the 1980s, it reveals the intellectual foundations of state-market relations in reform-era China through a longue durée lens. Overall, the book delivers an original perspective on China’s economic model and its continuing contestations from within and from without.
Author: Leigh Phillips
Publisher: Verso Books
ISBN: 178663516X
Category : Political Science
Languages : en
Pages : 257
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Book Description
Are multi-national corporations like Walmart and Amazon laying the groundwork for international socialism? For the left and the right, major multinational companies are held up as the ultimate expressions of free-market capitalism. Their remarkable success appears to vindicate the old idea that modern society is too complex to be subjected to a plan. And yet, as Leigh Phillips and Michal Rozworski argue, much of the economy of the West is centrally planned at present. Not only is planning on vast scales possible, we already have it and it works. The real question is whether planning can be democratic. Can it be transformed to work for us? An engaging, polemical romp through economic theory, computational complexity, and the history of planning, The People’s Republic of Walmart revives the conversation about how society can extend democratic decision-making to all economic matters. With the advances in information technology in recent decades and the emergence of globe-straddling collective enterprises, democratic planning in the interest of all humanity is more important and closer to attainment than ever before.
Author: George Joseph Stigler
Publisher:
ISBN:
Category : Competition
Languages : en
Pages : 216
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Book Description
Author: Jan Tinbergen
Publisher: New Haven : Yale University Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 168
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Book Description
Government economic planning - the impact on economic development, the social implications and the best techniques of centralization. Comparison (18 tables) of planning processes. Bibliography pp. 143-146.
Author: Paul J.J. Welfens
Publisher: Springer Science & Business Media
ISBN: 3642581404
Category : Business & Economics
Languages : en
Pages : 267
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Book Description
Socialist economies in Eastern Europe have collapsed and em- barked upon market-oriented reforms. The causes of the demise of centrally planned economies are analyzed and the basic challenges of systemic tranformation discussed. Negative income and wealth effects as well as distribution issues make adjustment extremely difficult. The fundamental roles of privatization and foreign investment are adressed. Foreign economic liberalization is considered to be of centralimportance for a growth-oriented adjustment path in a stage of conflict-prone policy and options. Politico-economic aspects of the new European developments in addition to North-South issues are analyzed. Difficult choices await decison-makers in economic policy and the business community in Eastern Europe and in leading market economies.
