Description: Capitalism versus Pragmatic Market Socialism by James A. Yunker Estimated delivery 3-12 business days Format Paperback Condition Brand New Description Capitalism versus Pragmatic Market Socialism: A General Equilibrium Evaluation contains important contributions both to general economic theory and to the evaluation of potential market socialist economic systems. Publisher Description Capitalism versus Pragmatic Market Socialism: A General Equilibrium Evaluation contains important contributions both to general economic theory and to the evaluation of potential market socialist economic systems. As a contribution to economic theory, the general equilibrium model utilized in the research introduces the concept of `capital management effort as a third primary factor of production (in addition to labor and saving) provided by private households. Capital management effort represents such things as corporate supervision, investment analysis, entrepreneurship, and related activity by the household which is intended to increase the rate of return on its capital wealth. As a contribution to the evaluation of market socialism, this research sheds powerful illumination on the potential performance of a specific variant of market socialism known as `pragmatic market socialism. Pragmatic market socialism is a plan of market socialism designed to work `almost exactly like contemporary capitalism. The key differences would be the enforcement of a profit incentive on the publicly owned corporations by an agency designated the Bureau of Public Ownership, and the distribution of the preponderance of capital property return produced by the publicly owned corporations as a social dividend supplement to the households wage and salary income. The analysis reported in this book shows precisely under what conditions pragmatic market socialism would perform better than capitalism, and under what conditions the opposite would be true. The fundamental implication forthcoming from the research is that the potential performance of pragmatic market socialism relative to capitalism is an empirical rather than a theoretical question. Author Biography JAMES A. YUNKER is Professor of Economics at Western Illinois University. Author of five books and some 70 articles, Professor Yunker has written on a wide range of topics from economic theory to contemporary policy issues. His latest book, coedited with Errol E. Harris, is Toward Genuine Global Governance: Critical Reactions to "Our Global Neighborhood" (Praeger, 1999). Details ISBN 940104970X ISBN-13 9789401049702 Title Capitalism versus Pragmatic Market Socialism Author James A. Yunker Format Paperback Year 2012 Pages 152 Edition 93199th Publisher Springer GE_Item_ID:140601369; About Us Grand Eagle Retail is the ideal place for all your shopping needs! With fast shipping, low prices, friendly service and over 1,000,000 in stock items - you're bound to find what you want, at a price you'll love! Shipping & Delivery Times Shipping is FREE to any address in USA. Please view eBay estimated delivery times at the top of the listing. Deliveries are made by either USPS or Courier. We are unable to deliver faster than stated. International deliveries will take 1-6 weeks. NOTE: We are unable to offer combined shipping for multiple items purchased. This is because our items are shipped from different locations. Returns If you wish to return an item, please consult our Returns Policy as below: Please contact Customer Services and request "Return Authorisation" before you send your item back to us. Unauthorised returns will not be accepted. Returns must be postmarked within 4 business days of authorisation and must be in resellable condition. Returns are shipped at the customer's risk. We cannot take responsibility for items which are lost or damaged in transit. For purchases where a shipping charge was paid, there will be no refund of the original shipping charge. Additional Questions If you have any questions please feel free to Contact Us. Categories Baby Books Electronics Fashion Games Health & Beauty Home, Garden & Pets Movies Music Sports & Outdoors Toys
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ISBN-13: 9789401049702
Book Title: Capitalism versus Pragmatic Market Socialism
Number of Pages: VIII, 152 Pages
Publication Name: Capitalism Versus Pragmatic Market Socialism : a General Equilibrium Evaluation
Language: English
Publisher: Springer Netherlands
Subject: Economic History, Political Ideologies / Communism, Post-Communism & Socialism, Development / Economic Development, Economics / General, Economics / Theory
Publication Year: 2012
Item Height: 0.1 in
Type: Textbook
Item Weight: 9.2 Oz
Subject Area: Political Science, Business & Economics
Author: James A. Yunker
Item Length: 9.3 in
Item Width: 6.1 in
Format: Trade Paperback
