Description
Book SynopsisWhat is the best way to organize an economy to satisfy demands for efficiency, compassion and freedom? These political, economic, social and philosophical concerns underpin what has been the most important issue of the twentieth-century, that of the relationship between market and plan.
Markets and Socialism consists of extracts drawn from the most important contributors to the debate started by Karl Marx. In six thematic sections the reader can follow the vicissitudes of the non-market, market and mixed market models. The range of countries and historical sweep covered in this volume are impressive: from the 'socialist calculation' debate to the experiences of Russia, East-Central Europe, Sweden, America and China. A combination of theoretical analyses and practical case studies makes this volume essential reading for teachers, students and anyone interested in a clear and concise introduction to the central dilemma of our times.
Trade Review'. . . this book will be a valuable compendium for student of the subject.' -- Ajit Singh, Economic Journal
Table of ContentsPART I ECONOMICS WITHOUT MARKETS: FROM MARX TO CONTEMPORARY MARXISTS 1. Karl Marx (1954), Capital: A Critique of Political Economy 2. Karl Marx (1954), ‘Historical Tendency of Capitalist Accumulation’ 3. Karl Marx (1975), ‘Comments on James Mill’s, Élémens d’économie politique’, Karl Marx and Engels: 1843-44’ 4. Frederick Engels (1987), ‘Anti-Dühring: Production’ 5. N. Bukharin and E.Preobrazhensky (1970), ‘The ABC of Communism’ 6. Hillel Ticktin (1992), ‘Origins of the Crisis in the USSR: Essays on the Political Economy of a Disintegrating System’ PART II ECONOMICS WITHOUT MARKETS: CRITIQUES 7. Boris Brutzkus (1934), ‘The Unitary Plan of the Socialist Economy’ 8. L.N. Yurovsky (1934), ‘Problems of a Moneyless Economy’ 9. Oskar Lange and Fred M. Taylor (1938), ‘On the Economic Theory of Socialism’ 10. Friedrich A. Hayek (1949), ‘Socialist Calculation III: The Competitive “Solution”” PART III FROM CENTRAL PLANNING TO THE MIXED ECONOMY 11. Leon Trotsky (1973), ‘The Soviet Economy in Danger’ 12. R.W.Davies (1984), ‘The Socialist Market: A Debate in Soviet Industry, 1932-33’ 13. Gabriel Temkin (1989), ‘On Economic Reforms in Socialist Countries: The Debate on Economic Calculation Under Socialism Revisited’ 14. Wlodzimierz Brus (1973), ‘Commodity Fetishism and Socialism’ 15. Radoslav Selucky (1974), ‘Marxism and Self-Management’ 16. János Kornai (1986), ‘ Efficiency and the Principles of Socialist Ethics’ 17. Zhou Shulian (1982), ‘The Market Mechanism in a Planned Economy’ 18. Branko Horvat (1990), ‘Socialism as a Socio-Economic System’ PART IV MARKETS AND SOCIALISM IN THE WEST 19. Lawrence Wilde, ‘The Demise of the Swedish Model’ 20. Leland G. Stauber (1987), ‘Capitalism and Socialism: Some General Issues and the Relevance of the Austrian Experience’ 21. Raymond Plant (1989), ‘Socialism, Markets, and End States’ 22. Alex Nove (1972), ‘“Market Socialism” and its Critics’ PART V FROM EXISTING SOCIALISM TO THE MARKET 23. János Kornai (1990), ‘The Road to a Free Economy: Shifting from a Socialist System: The Example of Hungary’ 24. V.A. Naishul (1991), ‘The Supreme and Last Stage of Socialism’ 25. Wlodzimierz Brus and Kazimierz Laski (1989), ‘The Capital Market and the Problem of Full Employment’ 26. Alec Nove (1991), ‘Feasible Socialism?” 27. Martin L. Weitzman and Chenggang Xu (1992), ‘Vaguely Defined Cooperatives and Cooperative Culture: A Reconciliation of a Paradoxical Phenomenon in Transitional Economies’
