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Dynamism Rivalry And The Surplus Economy Two Essays On The Nature Of Capitalism Jnos Kornai

  • SKU: BELL-4649404
Dynamism Rivalry And The Surplus Economy Two Essays On The Nature Of Capitalism Jnos Kornai
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Dynamism Rivalry And The Surplus Economy Two Essays On The Nature Of Capitalism Jnos Kornai instant download after payment.

Publisher: Oxford University Press, USA
File Extension: PDF
File size: 1.69 MB
Pages: 206
Author: János Kornai
ISBN: 9780199334766, 0199334765
Language: English
Year: 2013

Product desciption

Dynamism Rivalry And The Surplus Economy Two Essays On The Nature Of Capitalism Jnos Kornai by János Kornai 9780199334766, 0199334765 instant download after payment.

In Dynamism, Rivalry, and the Surplus Economy, János Kornai examines capitalism as an economic system and in comparison to socialism. Kornai explains his view of capitalism as an economy of surplus--a chronic excess of supply of goods and labor. This environment breeds rivalry among producers, which in turn encourages innovation. Socialism, on the other hand, is defined by a shortage of goods and labor and excess of demand. Whereas socialism is slothful and imitative, capitalism is dynamic and progressive. The two essays of this book will explore these differing ideologies on macro and micro levels, ending with definitive explanations of how the systems work and how they develop.

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