Can a free market economy be combined effectively with public ownership of large corporations? James A. Yunker's innovative examination of how such a market socialist? economy would operate and its advantages and disadvantages is unparalleled in its depth and comprehensiveness. Spanning a quarter of a century, this collection brings together 14 of Yunker's thorough and highly illuminating contributions to the literature on market socialism in a convenient and accessible manner.
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Verlagsort
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Zielgruppe
Für höhere Schule und Studium
Für Beruf und Forschung
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ISBN-13
978-0-7546-1768-6 (9780754617686)
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Schweitzer Klassifikation
James A. Yunker, Western Illinois University, Macomb, Illinois, USA
Contents: Introduction. Varieties of Market Socialism: A survey of market socialist forms; A new perspective on market socialism; Post-Lange market socialism: an evaluation of profit-oriented proposals. Focus on Capital Management and Saving: On the potential efficiency of market socialism; The microeconomic efficiency argument for socialism revisited; The equity-efficiency trade-off under capitalism and market socialism; Capital management under profit-oriented market socialism: an explicit function approach. Focus on Dynamic Performance: A market socialist critique of capitalism's dynamic performance; Risk-taking as a justification for property income; Ludwig von Mises on the artificial market?; Agency issues and managerial incentives: contemporary capitalism versus market socialism. People's Capitalism, Democracy and Morality: The people's capitalism thesis: a sceptical evaluation; Would democracy survive under market socialism?; On the morality of capitalism: in light of the market socialist alternative; Index.