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Books > Social sciences > Politics & government > Political ideologies > Socialism & left-of-centre democratic ideologies
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Socialism and the Market - The Socialist Calculation Debate Re-visited (Hardcover)
Loot Price: R45,266
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Socialism and the Market - The Socialist Calculation Debate Re-visited (Hardcover)
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The Socialist Calculation debate was one of the defining moments of
20th-century economics, opening fundamental questions about the
market economy and the possibility of a non-market economy. Was a
socialist economy really feasible? Advocates like Lange and Taylor
clearly thought so, but their critics led by Mises and Hayek were
implacable in their opposition. During the '30s and '40s the
Socialists clearly appeared to have won the day: 50 years later,
with the collapse of communism, a different consensus emerged. This
set contains material which should provide an understanding of the
debate itself, as well as giving a critical insight into the
relative merits of capitalism, socialism, and the alternative
market socialism.
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