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Socialism with a Human Face - Using Behavioural Economics to Understand East German Economic History (Hardcover, 1st ed. 2022) Loot Price: R3,246
Discovery Miles 32 460
Socialism with a Human Face - Using Behavioural Economics to Understand East German Economic History (Hardcover, 1st ed. 2022):...

Socialism with a Human Face - Using Behavioural Economics to Understand East German Economic History (Hardcover, 1st ed. 2022)

Gary B. Magee, Wayne Geerling

Series: Palgrave Studies in Economic History

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Loot Price R3,246 Discovery Miles 32 460 | Repayment Terms: R304 pm x 12*

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East Germany's economic history is typically told as a story of the unravelling of an inherently flawed system. Yet, while the system's inefficiency is undeniable, its economic history was much richer than its comparatively poor economic performance suggests. For many who lived there, it was a system that, over its forty years, was capable of achievements and generally functioned at bearable levels. This book combines the insights of behavioural economics with archival research to peel away layers of rhetoric and assumptions about the East German economy and explore aspects of that underlying functionality. Through a series of cases studies that examine the establishment of socialist workplaces, the searches for productivity growth and efficiency, and the emergence of financial crisis, the book considers the system from the perspective of the humans who operated it and made the decisions that made it work. Unencumbered by political preconceptions, it offers a more realistic understanding of East German economic history than that derived from stagnant debates about the clash of systems. The new perspectives and approaches presented demonstrate that, extracted from its Cold War context, East Germany's economic history can be analysed for what it was, rather than for what it symbolised.

General

Imprint: Springer Nature
Country of origin: Singapore
Series: Palgrave Studies in Economic History
Release date: April 2022
First published: 2022
Authors: Gary B. Magee • Wayne Geerling
Dimensions: 210 x 148mm (L x W)
Format: Hardcover
Pages: 356
Edition: 1st ed. 2022
ISBN-13: 978-981-19-0663-3
Categories: Books > Business & Economics > Economics > General
Books > Humanities > History > History of specific subjects > Economic history
Books > History > History of specific subjects > Economic history
LSN: 981-19-0663-7
Barcode: 9789811906633

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