TY - BOOK AU - Kornai,János TI - The Socialist System: The Political Economy of Communism SN - 9780691228020 AV - HX73 .K6715 1992eb U1 - 335.43 20 PY - 2021///] CY - Princeton, NJ : PB - Princeton University Press, KW - Collectivism KW - Communism KW - POLITICAL SCIENCE / Public Policy / Economic Policy KW - bisacsh KW - Aggregate demand KW - Agriculture KW - Backwardness KW - Bank KW - Bribery KW - Budget constraint KW - Budget KW - Calculation KW - Capital market KW - Capitalism KW - Central bank KW - Commodity KW - Competition KW - Consideration KW - Consumer Goods KW - Consumer KW - Consumption (economics) KW - Credit (finance) KW - Currency KW - Customer KW - Czechoslovakia KW - Decentralization KW - Developed country KW - Drawback KW - East Germany KW - Economic development KW - Economic equilibrium KW - Economic planning KW - Economic policy KW - Economics KW - Economist KW - Economy KW - Employment KW - Entrepreneurship KW - Exchange rate KW - Expense KW - Household KW - Ideology KW - Incentive KW - Income KW - Industry KW - Inflation KW - Institution KW - Interest KW - Investment fund KW - Investment KW - Legislature KW - Mao Zedong KW - Market economy KW - Market mechanism KW - Market price KW - Market socialism KW - Marxian economics KW - Marxism KW - Nationalization KW - Organization KW - Paternalism KW - Payment KW - Planned economy KW - Planning KW - Political economy KW - Political structure KW - Politician KW - Power structure KW - Price controls KW - Price fixing KW - Price level KW - Price system KW - Pricing KW - Private property KW - Private sector KW - Public sector KW - Quantity KW - Rationing KW - Regulation KW - Relative price KW - Representative democracy KW - Requirement KW - Saving KW - Scarcity KW - Shortage economy KW - Shortage KW - Socialist economics KW - Socialist state KW - Soviet Union KW - State (polity) KW - Subsidy KW - Superiority (short story) KW - Supply (economics) KW - Supply and demand KW - Tax KW - Trade union KW - Unemployment KW - Utilization KW - Wage KW - Wealth KW - Workforce KW - Writing KW - Yugoslavia N1 - Frontmatter --; Contents --; List of Figures --; List of Tables --; Preface --; PART ONE: POINTS OF DEPARTURE --; 1. The Subject and Method --; 2. Antecedents and Prototypes of the System --; PART TWO: THE ANATOMY OF THE CLASSICAL SYSTEM --; 3. Power --; 4. Ideology --; 5. Property --; 6. Coordination Mechanisms --; 7. Planning and Direct Bureaucratic Control --; 8. Money and Price --; 9. Investment and Growth --; 10. Employment and Wages --; 11. Shortage and Inflation: The Phenomena --; 12. Shortage and Inflation: The Causes --; 13. Consumption and Distribution --; 14. External Economic Relations --; 15. The Coherence of the Classical System --; PART THREE: SHIFTING FROM THE CLASSICAL SYSTEM --; 16. The Dynamics of the Changes --; 17. The "Perfection" of Control --; 18. Political Liberalization --; 19. The Rise of the Private Sector --; 20. Self-Management --; 21. Market Socialism --; 22. Price Reforms --; 23. Macro Tensions --; 24. Concluding Remarks --; References --; Appendix: Bibliography on Postsocialist Transition --; Author Index --; Subject Index; restricted access N2 - To understand the dramatic collapse of the socialist order and the current turmoil in the formerly communist world, this comprehensive work examines the most important common properties of all socialist societies. JNBnos Kornai brings a life-long study of the problems of the socialist system to his explanation of why inherent attributes of socialism inevitably produced in-efficiency. In his past work he has focused on the economic sphere, maintaining consistently that the weak economic performance of socialist countries resulted from the system itself, not from the personalities of top leaders or mistakes made by leading organizations and planners. This book synthesizes themes from his earlier investigations, while broadening the discussion to include the role of the political power structure and of communist ideology. Kornai distinguishes between two types, or historical phases, of socialism. The "classical socialism" of Stalin, Mao, and their followers is totalitarian and brutally repressive, but its components fit together and make up a coherent edifice. Associated with names like Tito, KNBdar, Deng-Xiaoping, and Gorbachev, "reform socialism" relaxes repression, but brings about a sharpening of inner contradictions and the eventual dissolution of the system. Kornai examines the classical system in the first half of the book, and moves on to explore the complex process of reform in the second half. The Socialist System is addressed to economists in the first place, but also to political scientists, sociologists, and historians. In addition, it will appeal to policymakers, business analysts, and government officials who need to understand either formerly or presently communist countries UR - https://doi.org/10.1515/9780691228020?locatt=mode:legacy UR - https://www.degruyter.com/isbn/9780691228020 UR - https://www.degruyter.com/document/cover/isbn/9780691228020/original ER -