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

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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.


Against the Market

Against the Market

Author: David McNally

Publisher: Verso

Published: 1993-12-17

Total Pages: 276

ISBN-13: 9780860916062

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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.


On Market Socialism

On Market Socialism

Author: Bruno Jossa

Publisher: Edward Elgar Publishing

Published: 2023-01-20

Total Pages: 142

ISBN-13: 1035309459

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Bruno Jossa expertly illustrates that the creation of a system of cooperative firms is tantamount to a revolution giving rise to a new production mode capable of reversing the existing relationship between capital and labour. The book also demonstrates a revolution enacted by peaceful and democratic means in order for worker-managed organisations to outnumber capitalistic ones.


Markets, Planning, and Democracy

Markets, Planning, and Democracy

Author: David L. Prychitko

Publisher: Edward Elgar Publishing

Published: 2002-01-01

Total Pages: 238

ISBN-13: 9781843767381

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Markets, planning, and democracy : essays after the collapse of communism / edited by David L. Prychitko.


Markets in the Name of Socialism

Markets in the Name of Socialism

Author: Johanna Bockman

Publisher: Stanford University Press

Published: 2011-07-26

Total Pages: 556

ISBN-13: 0804778965

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The worldwide spread of neoliberalism has transformed economies, polities, and societies everywhere. In conventional accounts, American and Western European economists, such as Milton Friedman and Friedrich von Hayek, sold neoliberalism by popularizing their free-market ideas and radical criticisms of the state. Rather than focusing on the agency of a few prominent, conservative economists, Markets in the Name of Socialism reveals a dialogue among many economists on both sides of the Iron Curtain about democracy, socialism, and markets. These discussions led to the transformations of 1989 and, unintentionally, the rise of neoliberalism. This book takes a truly transnational look at economists' professional outlook over 100 years across the capitalist West and the socialist East. Clearly translating complicated economic ideas and neoliberal theories, it presents a significant reinterpretation of Cold War history, the fall of communism, and the rise of today's dominant economic ideology.


Political Economy for Socialism

Political Economy for Socialism

Author: Makoto Itoh

Publisher: Springer

Published: 1995-06-12

Total Pages: 254

ISBN-13: 1349240184

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A reconsideration of socialism in the post-Soviet era based on the theoretical achievements of Japanese Marxist political economy. The origins and the various components of the broad current of socialist thought, as well as the implications of Marx's economic theories for socialism, are explored afresh. The Western debate on the rationality of a socialist economy, starting in the 1920s and continuing to the present, is reviewed and reassessed. The book further inquires into the nature, the achievements, and the character of the systemic change in the socialist economies of the Soviet Union, Eastern Europe, and China. The existence of a broad range of alternatives for future socialism, which can be chosen flexibly by the people of each society, is the message suggested by the book.


Why Market Socialism?

Why Market Socialism?

Author: Frank Roosevelt

Publisher: M.E. Sharpe

Published: 1994-12-19

Total Pages: 422

ISBN-13: 9780765640680

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This book is a contribution to current efforts to transform the concept of socialism. It moves away from the traditional socialist antipathy towards commodity exchange and advocates a significant role for markets in post-capitalist society. Going beyond the familiar arguments of socialists who blame markets for many of the more objectionable aspects of capitalism--alienation, inequality, exploitation, instability, and possessive individualism--the contributors to this volume see markets as making possible a dispersion of political power, decentralization of economic decision-making, and efficient use of scarce resources. Continuing in a long line of liberal socialist thinkers who have understood the disadvantages of relying too heavily on the state to coordinate and direct the economic activities of a nation, today's market socialist theorists accept the painful lessons of the Soviet and East European experience with central planning. They also build on recent advances in positive political economy that have made possible a richer understanding of the respective roles--and limits--of markets and political structure (including firms) as ways of organizing economic activities and allocating resources. Several contributors address the question of whether or not reliance upon markets is compatible with the promotion of socialist objectives such as economic security, social equality, political democracy, stable community life, and opportunities for all to achieve individual self-realization. An anthology of essays on market socialism originally published in Dissent Magazine between 1985 and 1993. This book: --Takes issue with the traditional view that socialism means rejecting the use of markets to organize economic activities; --Moves away from the commitment to central planning and state ownership; and --Addresses the question of whether or not reliance upon markets is compatible with the promotion of socialist objectives such as economic security, social equality, political democracy, stable community life, and opportunities for all to achieve individual self-realization.


Market Socialism

Market Socialism

Author: David Schweickart

Publisher: Routledge

Published: 2016-04-22

Total Pages: 212

ISBN-13: 1134954549

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Aside from Post Modernism, probably the hottest topic today among socialist scholars world-wide is Market Socialism. In this book, four leading socialist scholars present both sides of the debate--two for, and two against--highlighting the different perspectives from which Market Socialism has been viewed. Arguing in favor of Market Socialism are the philosophers David Schweickart and James Lawler. While opposing them and Market Socialism are the political economist Hillel Ticktin and the political theorist Bertell Ollman. The evidence and arguments found in this book will prove invaluable to readers interested in the future of socialism.


Principles of Political Economy -

Principles of Political Economy -

Author: John Stuart Mill

Publisher: Cosimo, Inc.

Published: 2006-09-01

Total Pages: 477

ISBN-13: 1596052406

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Can national growth be sustained indefinitely? How much should government intervene in a competitive market economy? The questions John Stuart Mill raised a century and a half ago, in 1848's Principles of Political Economy, and the answers he found, are just as critical-and just as contentiously debated-today. Through a lens of what the philosopher himself termed "philosophical radicalism"-and what some today call "democratic liberalism"-Mill takes a fresh look at Adam Smith's Wealth of Nations and other influential works of political thought of his time, and recasts them from a more scientific viewpoint, suggesting that such realities as the unequal distribution of wealth were not "natural" but rather a matter of human choice... choices we continue to have to make in our ever more complicated economy. Also available from Cosimo Classics: Selected Writings of John Stuart Mill and On Liberty. English philosopher and politician JOHN STUART MILL (1806-1873) was one of the foremost figure of Western intellectual thought in the late 19th century. He served as an administrator in the East Indian Company from 1823 to 1858, and as a member of parliament from 1865 to 1868. Among his essays on a wide range of political and social thought are On Liberty (1859), Considerations on Representative Government (1861), and The Subjection of Women (1869).


Democracy, Plan, and Market

Democracy, Plan, and Market

Author: David Mandel

Publisher: Ibidem Press

Published: 2017

Total Pages: 138

ISBN-13: 9783838210087

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This is the first book in English to present a succinct overview of the influential work of Russian economist Yakov Abramovich Kronrod (1912-1984) on the political economy of socialism. Kronrod headed the theoretical section of the Institute of Economics of the Academy of the USSR in the 1970s until the authorities decided that his ideas were dangerous, banning Kronrod's publications until his death in 1984. Kronrod argued that while national ownership and democracy are the dominant relations of socialism, commodity-market relations nevertheless have an important role to play in the planned economy. This stunning, revelatory book includes a first translation of one of Kronrod's key essays, 'Socio-oligarchism-Pseudo-Socialism of the Twentieth Century' and introduces Kronrod's thought to the English-speaking world for the first time.