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Over a hundred years after the first socialist revolution broke the
global monopoly of capitalism, a new class of socialist-oriented
socioeconomic development is coming to the fore. Capitalism is
still dominant worldwide, although its hegemony is no longer
undisputed, and humankind is now faced with a key existential
challenge. This book proposes an alternative path to overcoming the
worldwide crisis of globalized capitalism. It offers a novel,
balanced and historically rooted interpretation of the successes
and failures of socialist economic construction throughout the last
century. The authors apply a multidisciplinary, holistic and
purpose-based methodology to draw basic lessons from stylized
facts, emerging in different areas of knowledge, ranging from
political economy to biology, and from key national socioeconomic
experiences, with a particular focus on China. The book is divided
into three parts. The first is mainly theoretical and general in
nature, identifying the major contributions bequeathed by the hard
sciences to their social counterparts. Consistent with these
findings, the authors offer a stylized interpretation of the
contemporary state-of-the-art of the debate on the core concepts of
economic science and advance a few elementary theories about what
socialism in the 21st century could look like. The second and third
parts analyze and discusses the core features of a few select
experiences, which have evolved in certain countries since 1917,
some of which are still unfolding. The book will find an audience
among academics, researchers and students in the fields of
economics, political science, history, and geography, as well as,
policy makers, particularly in developing countries.
Over a hundred years after the first socialist revolution broke the
global monopoly of capitalism, a new class of socialist-oriented
socioeconomic development is coming to the fore. Capitalism is
still dominant worldwide, although its hegemony is no longer
undisputed, and humankind is now faced with a key existential
challenge. This book proposes an alternative path to overcoming the
worldwide crisis of globalized capitalism. It offers a novel,
balanced and historically rooted interpretation of the successes
and failures of socialist economic construction throughout the last
century. The authors apply a multidisciplinary, holistic and
purpose-based methodology to draw basic lessons from stylized
facts, emerging in different areas of knowledge, ranging from
political economy to biology, and from key national socioeconomic
experiences, with a particular focus on China. The book is divided
into three parts. The first is mainly theoretical and general in
nature, identifying the major contributions bequeathed by the hard
sciences to their social counterparts. Consistent with these
findings, the authors offer a stylized interpretation of the
contemporary state-of-the-art of the debate on the core concepts of
economic science and advance a few elementary theories about what
socialism in the 21st century could look like. The second and third
parts analyze and discusses the core features of a few select
experiences, which have evolved in certain countries since 1917,
some of which are still unfolding. The book will find an audience
among academics, researchers and students in the fields of
economics, political science, history, and geography, as well as,
policy makers, particularly in developing countries.
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