The Economic Theory of Socialism and the Labour-managed Firm

The Economic Theory of Socialism and the Labour-managed Firm

Author: Bruno Jossa

Publisher: Edward Elgar Publishing

Published: 1997

Total Pages: 442

ISBN-13:

DOWNLOAD EBOOK

The Economic Theory of Socialism and the Labour-Managed Firm focuses on market socialism and the relevant debate among economic theorists. It argues that market socialism is the only rational form of socialism and that market socialism with labour-managed firms is by far the best form of market socialism. The book begins with a critical review of the contributions to the economic theory of socialism. The second part discusses the economic theory of labour-managed firms and pays particular attention to the adverse labour-supply curve, underinvestment, monitoring and the separation of ownership and control. The final chapters discuss problems such as the control of economic activity in labour-managed firms, worker motivation and incentives. This book will be of particular use to students and academics interested in comparative economic systems and to specialists in politics and sociology with an interest in alternative forms of economic organization.


From Marx to the Market

From Marx to the Market

Author: Wlodzimierz Brus

Publisher: Clarendon Press

Published: 1989-11-23

Total Pages: 186

ISBN-13: 0191518867

DOWNLOAD EBOOK

BL With a new preface by the authors This is an important work of original scholarship by two of the most distinguished East European economists now working in the West. The authors, both of whom were involved in the Planning Office of the Polish economy in the 1950s and 1960s, present here the results of their efforts to develop theoretically a system of economic management which could in practice avoid the worst excesses of both market capitalism and central planning. The conclusions derived from this analysis are shown to open up a new dimension to the `socialism versus capitalism' controversy which has dominated much of the world throughout the twentieth century and which is especially significant as the countries of East and Central Europe re-structure their economies.


Market Socialism

Market Socialism

Author: Pranab K. Bardhan

Publisher: Oxford University Press, USA

Published: 1993

Total Pages: 344

ISBN-13:

DOWNLOAD EBOOK

A collection of essays which assesses the break-up of the Eastern European bloc and discusses whether the conversion of these countries to market socialism is feasible. The contributors represent a wide range of viewpoints and offer varying definitions of the concept of market socialism.


Against the Market

Against the Market

Author: David McNally

Publisher: Verso

Published: 1993-12-17

Total Pages: 276

ISBN-13: 9780860916062

DOWNLOAD EBOOK

In this innovative book, David McNally develops a powerful critique of market socialism, by tracing it back to its roots in early political economy. He ranges from Adam Smith’s attempt to reconcile moral philosophy with market economics to Malthus’s reformulation of Smith’s political economy which made it possible to justify poverty as a moral necessity. Smith’s economic theory was also the source of an attempt to construct a critique of capitalism derived from his conception of free and equal exchange governed by natural price. This Smithian forerunner of today’s market socialism sought to reform the market without abolishing the social relations on which it was based. McNally explores this tradition sympathetically, but exposes its fatal flaws. The book concludes with an incisive consideration of efforts by writers such as Alec Nove to construct a “feasible” model of market socialism. McNally shows these efforts are still plagued by the failure of early Smithian socialism to come to grips with the social foundations of the market, the commodification of labor-power which is the key to market regulation of the economy. The results, he argues, are neither socialist nor workable.


Why Market Socialism?

Why Market Socialism?

Author: Frank Roosevelt

Publisher: Routledge

Published: 2016-09-16

Total Pages: 412

ISBN-13: 131528667X

DOWNLOAD EBOOK

A collection of essays on market socialism, originally published in Dissent between 1985 and 1993. Among other topics, they take issue with the traditional view that socialism means rejecting the use of markets to organise economic activities, and question the reliance upon markets.


On the Political Economy of Market Socialism

On the Political Economy of Market Socialism

Author: James A. Yunker

Publisher: Routledge

Published: 2018-05-08

Total Pages: 466

ISBN-13: 1351775391

DOWNLOAD EBOOK

This title was first published in 2001. Spanning a quarter of a century, this collection makes conveniently accessible 14 of Yunker’s thorough and highly illuminating contributions to the literature on market socialism.


Markets within Planning

Markets within Planning

Author: Edmund V. K. Fitzgerald

Publisher: Routledge

Published: 2012-11-12

Total Pages: 224

ISBN-13: 1136287442

DOWNLOAD EBOOK

Published in 1988, Markets within Planning is a valuable contribution to the field of Economics.


Socialism, Markets, and the Critique of Money

Socialism, Markets, and the Critique of Money

Author: Tsuyoshi Yuki

Publisher: Springer Nature

Published: 2021-09-20

Total Pages: 287

ISBN-13: 3030804089

DOWNLOAD EBOOK

This book provides a comprehensive overview of historical and international debates on the theory of “labor money” or “labor notes.” These debates exist in a triangular context of market socialism, communism (community-based socialism), and local currency, joining numerous socialists, anarchists, and Marx and Engels. Labor note theory encompasses theoretical, ideological, and practical doctrines aimed at designing a fair and desirable labor-based market or non-market economy by reforming the monetary and credit system. This theory was considered an unfeasible utopian idea in the context of orthodox Marxism, which is typically based on a historical study of surplus value doctrines. However, this book eschews Marx’s critique of “labor money” that limits the debate regarding a concrete alternative society, and instead proposes practical and gradual approaches to social reform by scrutinizing the primary sources of labor money theories and practical experiences and reconstructs their theoretical relationships.


Socialism After Communism

Socialism After Communism

Author: Christopher Pierson

Publisher: Penn State Press

Published: 1995

Total Pages: 264

ISBN-13: 9780271014791

DOWNLOAD EBOOK

Christopher Pierson assesses the evidence of terminal decline, but finds rather a whole series of deep-seated challenges to traditional forms of socialist and social democratic thinking. Above all, these problems are to be found in the political economy of social democracy and its commitment to incremental change in the context of an increasingly globalized market economy. The latter chapters of the book are devoted to an assessment of market socialism, one of the most vigorous and innovative attempts to seek to recast socialist aspirations under these quite changed circumstances. In essence, market socialism represents an attempt to reconcile new forms of social ownership with the seeming ubiquity of the market. Having outlined this position, Pierson carefully and systematically critiques it and, in the process, develops a set of distinctive arguments about the nature of social ownership, the potential of the labor-managed economy, and the appropriate forms for an extension of economic democracy.