Dynamism, rivalry, and the surplus economy : two essays on the nature of capitalism /

Kornai examines capitalism as an economic system and in comparison to socialism. He offers a view of capitalism as an economy of surplus - a chronic excess of supply of goods and labour. This environment breeds rivalry among producers, which in turn encourages innovation. Socialism, on the other han...

Ausführliche Beschreibung

Gespeichert in:
1. Verfasser:
Kornai, János
Format:
Elektronisch E-Book
Sprache:
Englisch
Veröffentlicht:
New York : Oxford University Press, 2014.
Zusammenfassung:
Kornai examines capitalism as an economic system and in comparison to socialism. He offers a view of capitalism as an economy of surplus - a chronic excess of supply of goods and labour. This environment breeds rivalry among producers, which in turn encourages innovation. Socialism, on the other hand, is defined by a shortage of goods and labour and excess of demand. Whereas socialism is slothful and imitative, capitalism is dynamic and progressive. The two chapters of this book explore these differing ideologies.
Umfang:
1 online resource (206 p.)
Anmerkungen:
Description based upon print version of record.
Anmerkungen:
English
Bibliografie:
Includes bibliographical references and index.
ISBN:
0-19-933478-1
0-19-933476-5
0-19-933477-3
Schlagworte:
Capitalism.
Socialism.
Surplus (Economics)
Bezugswerke:
Links: