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Titlebook: Capitalism versus Pragmatic Market Socialism; A General Equilibriu James A. Yunker Book 1993 Springer Science+Business Media New York 1993

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书目名称Capitalism versus Pragmatic Market Socialism
副标题A General Equilibriu
编辑James A. Yunker
视频video
图书封面Titlebook: Capitalism versus Pragmatic Market Socialism; A General Equilibriu James A. Yunker Book 1993 Springer Science+Business Media New York 1993
描述.Capitalism versus Pragmatic Market Socialism: A GeneralEquilibrium. .Evaluation. contains important contributions bothto general economic theory and to the evaluation of potential marketsocialist economic systems. As a contribution to economic theory, thegeneral equilibrium model utilized in the research introduces theconcept of `capital management effort‘ as a third primary factor ofproduction (in addition to labor and saving) provided by privatehouseholds. Capital management effort represents such things ascorporate supervision, investment analysis, entrepreneurship, andrelated activity by the household which is intended to increase therate of return on its capital wealth. As a contribution to theevaluation of market socialism, this research sheds powerfulillumination on the potential performance of a specific variant ofmarket socialism known as `pragmatic market socialism‘. Pragmaticmarket socialism is a plan of market socialism designed to work`almost exactly‘ like contemporary capitalism. The key differenceswould be the enforcement of a profit incentive on the publicly ownedcorporations by an agency designated the Bureau of Public Ownership,and the distribution of the prepond
出版日期Book 1993
关键词distribution; economic systems; entrepreneur; entrepreneurship; equilibrium; evaluation; general equilibri
版次1
doihttps://doi.org/10.1007/978-94-011-2190-3
isbn_softcover978-94-010-4970-2
isbn_ebook978-94-011-2190-3
copyrightSpringer Science+Business Media New York 1993
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Results,d (t = 1), and also for a future period (t = 25) approximately one generation later, interpreting time periods as years. The aggregate indicators include output/income (. = Σ.), the Gini coefficient of consumption (GC = consumption Gini), the Benthamite social welfare measure sum of utilities (. = Σ
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heory and to the evaluation of potential marketsocialist economic systems. As a contribution to economic theory, thegeneral equilibrium model utilized in the research introduces theconcept of `capital management effort‘ as a third primary factor ofproduction (in addition to labor and saving) provide
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Results,ude output/income (. = Σ.), the Gini coefficient of consumption (GC = consumption Gini), the Benthamite social welfare measure sum of utilities (. = Σ.). private saving (. = Σ.), social saving (.), total saving (. = . + .), and next-period capital (. = .+ .)
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https://doi.org/10.1007/978-3-319-53502-9 paraphrase Bergson’s 1948 discussion. It is generally believed that the lack of an observable success criterion constitutes a fatal flaw in the Langian proposal, and that any effort to implement Langian market socialism in the real world would probably produce stagnation and decay.
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