Socialism: Institutional, Philosophical and Economic Issues

Name: Socialism: Institutional, Philosophical and Economic Issues
Brand: Springer
SKU: 9789024734870
Price: 32069 HUF
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Szerző: S. Pejovich

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Kötés: Kemény kötésű

Kiadó: Springer

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It was Lenin's genius to recognize the importance of [socialist] system with all the trappings of em...

Információk a könyvről

Szerző

S. Pejovich

Nyelv

Angol

Kötés

Könyv - Kemény kötésű

oldal

332

EAN

9789024734870

ISBN

9024734878

Enbook ID

01969573

Kiadó

Springer

Súly

740

Teljes leírás

It was Lenin's genius to recognize the importance of [socialist] system with all the trappings of embellishing the democracy. If the people want a constitution. give them one. and even include the bill of rights. If they want a parliament, give them that too. And a system of courts. If they want a federal system create that myth as well. Above all, let them have e 1 ecti ons, for the act of voti ng is what the common man most clearly associates with democracy. Give them all these, but make sure that they have no effect on how things are run. - G. Warren Nutter Most research by Western scholars has emphasized macroeconomics (and to a considerable extent still does) as the method of analysis and growth rates as a standard for evaluating the performance of different economies. In the early 1960s Nutter raised questions about the reported growth rates in socialist states, the importance of growth policies for human welfare, and the abil ity of macroeconomi cs to enhance our understandi ng of soci a 1 and economic processes. In his work, Nutter used the standard price theory adjusted to incorporate the incentive effects of property rights in resources. He was casti gated for defyi ng the traditi ona 1 wi sdom. Not surprisingly, history has validated Nutter's theoretical framework and his conclusions.

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Socialism: Institutional, Philosophical and Economic Issues

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