Socialism and the Market : The Socialist Calculation Debate Re-visited

ISBN-13: 9780415195867 / Angielski / Twarda / 2000 / 2472 str.

Peter Boettke

Opis

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.