Socialist Economic Development in the 21st Century

Socialist Economic Development in the 21st Century
Author: Alberto Gabriele
Publisher: Routledge
Total Pages: 360
Release: 2022-03-03
Genre: Business & Economics
ISBN: 1000545482

Over a hundred years after the first socialist revolution broke the global monopoly of capitalism, a new class of socialist-oriented socioeconomic development is coming to the fore. Capitalism is still dominant worldwide, although its hegemony is no longer undisputed, and humankind is now faced with a key existential challenge. This book proposes an alternative path to overcoming the worldwide crisis of globalized capitalism. It offers a novel, balanced and historically rooted interpretation of the successes and failures of socialist economic construction throughout the last century. The authors apply a multidisciplinary, holistic and purpose-based methodology to draw basic lessons from stylized facts, emerging in different areas of knowledge, ranging from political economy to biology, and from key national socioeconomic experiences, with a particular focus on China. The book is divided into three parts. The first is mainly theoretical and general in nature, identifying the major contributions bequeathed by the hard sciences to their social counterparts. Consistent with these findings, the authors offer a stylized interpretation of the contemporary state-of-the-art of the debate on the core concepts of economic science and advance a few elementary theories about what socialism in the 21st century could look like. The second and third parts analyze and discusses the core features of a few select experiences, which have evolved in certain countries since 1917, some of which are still unfolding. The book will find an audience among academics, researchers and students in the fields of economics, political science, history, and geography, as well as, policy makers, particularly in developing countries.

The Socialist Market Economy in Asia

The Socialist Market Economy in Asia
Author: Arve Hansen
Publisher: Springer Nature
Total Pages: 358
Release: 2020-10-26
Genre: History
ISBN: 9811562482

This book is intended for policy-makers, academics and students of development studies, area studies, political economy, geography and political science. Three of the best global performers in terms of economic growth are authoritarian states led by communist parties. The ‘socialist market economy’ model employed in China, Vietnam and Laos performs better than the economic systems in countries at a similar level of income per capita on a wide range of development indicators, yet market reforms and governance failures have led to highly unequal societies and significant environmental problems. This book presents the first comparative study of development in these three countries. Written by country experts and scholars of development studies, it explores the ongoing quest for market versus state within their model, and the coherence of their development. Chapter 5 is available open access under a Creative Commons Attribution 4.0 International License via link.springer.com.

Socialist Models of Development

Socialist Models of Development
Author: Charles K. Wilber
Publisher: Elsevier
Total Pages: 248
Release: 2013-10-22
Genre: Business & Economics
ISBN: 1483190293

Socialist Models of Development covers the theories and principles in socialism development. This book discusses the social evolution of different countries and the historical backgrounds that influence such evolution. The opening sections deal with the socialism and economic appraisal of Burma, Iraq, Syria, Tanzania, and Africa. These topics are followed by discussions of the prospects and problems of the transition from Agrarianism to Socialism of some countries, including Angola, Guinea-Bissau, and Mozambique. Other sections examine the Socialist Cuba and the intermediate regimes of Jamaica and Guyana. The North Korean model of socialism, a comparative study of Romanian socialism and Greece capitalism, as well as a socialist model of economic development of the Polish and Bulgarian are presented. The concluding sections are devoted to the role of management in socialist development and to the agricultural productivity under socialism. The book can provide useful information to sociologists, political analysts, students, and researchers.

Socialism - An Economic and Sociological Analysis

Socialism - An Economic and Sociological Analysis
Author: Ludwig von Mises
Publisher: VM eBooks
Total Pages: 766
Release: 2016-11-24
Genre: Business & Economics
ISBN:

Socialism is the watchword and the catchword of our day. The socialist idea dominates the modem spirit. The masses approve of it. It expresses the thoughts and feelings of all; it has set its seal upon our time. When history comes to tell our story it will write above the chapter “The Epoch of Socialism.” As yet, it is true, Socialism has not created a society which can be said to represent its ideal. But for more than a generation the policies of civilized nations have been directed towards nothing less than a gradual realization of Socialism.17 In recent years the movement has grown noticeably in vigour and tenacity. Some nations have sought to achieve Socialism, in its fullest sense, at a single stroke. Before our eyes Russian Bolshevism has already accomplished something which, whatever we believe to be its significance, must by the very magnitude of its design be regarded as one of the most remarkable achievements known to world history. Elsewhere no one has yet achieved so much. But with other peoples only the inner contradictions of Socialism itself and the fact that it cannot be completely realized have frustrated socialist triumph. They also have gone as far as they could under the given circumstances. Opposition in principle to Socialism there is none. Today no influential party would dare openly to advocate Private Property in the Means of Production. The word “Capitalism” expresses, for our age, the sum of all evil. Even the opponents of Socialism are dominated by socialist ideas. In seeking to combat Socialism from the standpoint of their special class interest these opponents—the parties which particularly call themselves “bourgeois” or “peasant”—admit indirectly the validity of all the essentials of socialist thought. For if it is only possible to argue against the socialist programme that it endangers the particular interests of one part of humanity, one has really affirmed Socialism. If one complains that the system of economic and social organization which is based on private property in the means of production does not sufficiently consider the interests of the community, that it serves only the purposes of single strata, and that it limits productivity; and if therefore one demands with the supporters of the various “social-political” and “social-reform” movements, state interference in all fields of economic life, then one has fundamentally accepted the principle of the socialist programme. Or again, if one can only argue against socialism that the imperfections of human nature make its realization impossible, or that it is inexpedient under existing economic conditions to proceed at once to socialization, then one merely confesses that one has capitulated to socialist ideas. The nationalist, too, affirms socialism, and objects only to its Internationalism. He wishes to combine Socialism with the ideas of Imperialism and the struggle against foreign nations. He is a national, not an international socialist; but he, also, approves of the essential principles of Socialism.

Postwar Vietnam

Postwar Vietnam
Author: David Marr
Publisher: Cornell University Press
Total Pages: 265
Release: 2018-05-31
Genre: Political Science
ISBN: 1501719394

This anthology concentrates on domestic questions, economic policies, and socialist development and ideology. The essays' subjects include such varied topics as education, economics, the military, leadership, and economic assistance and humanitarian aid.

After Socialism

After Socialism
Author: R. G. Abrahams
Publisher: Berghahn Books
Total Pages: 236
Release: 1996
Genre: Business & Economics
ISBN: 9781571819109

Contains papers from a September 1993 workshop on the privatization of agriculture in Eastern Europe, exploring the situation in several countries. Discusses reform policies and actual processes of land reform, the emergence of new family farms, and the creation of new forms of cooperative and joint stock company, with papers on land reform in a Bulgarian village, redefining women's work in rural Poland, and decollectivization and total scarcity in High Albania. Annotation copyright by Book News, Inc., Portland, OR

How China Escaped Shock Therapy

How China Escaped Shock Therapy
Author: Isabella M. Weber
Publisher: Routledge
Total Pages: 256
Release: 2021-05-26
Genre: Business & Economics
ISBN: 042995395X

China has become deeply integrated into the world economy. Yet, gradual marketization has facilitated the country’s rise without leading to its wholesale assimilation to global neoliberalism. This book uncovers the fierce contest about economic reforms that shaped China’s path. In the first post-Mao decade, China’s reformers were sharply divided. They agreed that China had to reform its economic system and move toward more marketization—but struggled over how to go about it. Should China destroy the core of the socialist system through shock therapy, or should it use the institutions of the planned economy as market creators? With hindsight, the historical record proves the high stakes behind the question: China embarked on an economic expansion commonly described as unprecedented in scope and pace, whereas Russia’s economy collapsed under shock therapy. Based on extensive research, including interviews with key Chinese and international participants and World Bank officials as well as insights gleaned from unpublished documents, the book charts the debate that ultimately enabled China to follow a path to gradual reindustrialization. Beyond shedding light on the crossroads of the 1980s, it reveals the intellectual foundations of state-market relations in reform-era China through a longue durée lens. Overall, the book delivers an original perspective on China’s economic model and its continuing contestations from within and from without.

From Accelerated Accumulation to Socialist Market Economy in China

From Accelerated Accumulation to Socialist Market Economy in China
Author: Kjeld Erik Brodsgaard
Publisher: China Studies
Total Pages: 218
Release: 2017
Genre: Business & Economics
ISBN: 9789004330085

In From Accelerated Accumulation to Socialist Market Economy in China, Kjeld Erik Br�dsgaard and Koen Rutten shed new light on the changing discourse that has shaped China's idiosyncratic model of economic development.

China and Socialism

China and Socialism
Author: Martin Hart-Landsberg And Paul Burkett
Publisher: Aakar Books
Total Pages: 168
Release: 2006
Genre:
ISBN: 9788187879794

The Fastest-Growing Economy In The World Today Is That Of China. For Many On The Left, The Chinese Economy Seems To Provide An Alternative Model Of Development To The Of Neoliberal Globalization. Although It Is A Disputed Question Whether The Chinese Economy Can Be Still Described As Socialist, There Is No Doubting The Importance For The Global Project Of Socialism Of Accurately Interpreting And Soberly Assessing Its Real Prospects. Hart-Landsberg And Burkett S China And Socialism Argues That Market Reforms In China Are Leading Inexorably Toward A Capitalist And Foreign-Dominated Development Path, With Enormous Social And Political Costs, Both Domestically And Internationally. The Rapid Economic Growth That Accompanied These Market Reforms Have Not Been Due To Efficiency Gains, But Rather To Deliberate Erosion Of The Infrastructure That Made Possible A Remarkable Degree Of Equality. The Transition To The Market Has Been Based On Rising Unemployment, Intensified Exploitation, Declining Health And Education Services, Exploding Government Debt, And Unstable Prices. At The Same Time, China S Economic Transformation Has Intensified The Contradictions Of Capitalist Development In Other Countries, Especially In East Asia. Far From Being A Model That Is Replicable In Other Third World Countries, China Today Is A Reminder Of The Need For Socialism To Be Built From The Grassroots Up, Through Class Struggle And International Solidarity.