The Economics of Feasible Socialism Revisited
Characteristically readable, controversial and full of insights, Alec Nove's new book is essential reading for anyone concerned with evaluating the relevance of Marxism to contemporary social and economic problems.
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agriculture allocation alternative argued capital capitalist centralised centrally planned centre choice co-operative collectivisation commodity competition complex conflict consequences consumer contradictions cost countries course criteria customers Das Kapital decision-making decisions demand democratic discussed diseconomies of scale division of labour economic economists effect efficiency ensure enterprise envisage example exchange exist fact farms function hierarchy Hungarian Hungary ideas ideology important income incomes policy individuals industrial inputs interest investment Kornai law of value Lenin Marx Marx’s Marxist material means monopoly nationalised necessary one’s organised output peasants planners Poland political possible problems production profits question reasons recognised reform relations requires responsibility role scale scarcity sector self-management shortage socialist society Soviet experience Soviet Union Soviet-type supply task theory trade unions unequal exchange use-value USSR utopian value theory wages workers workforce Yugoslav