Dynamism, Rivalry, and the Surplus Economy

Two Essays on the Nature of Capitalism

Business & Finance, Economics, Economic History
Cover of the book Dynamism, Rivalry, and the Surplus Economy by János Kornai, Oxford University Press
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: János Kornai ISBN: 9780199334780
Publisher: Oxford University Press Publication: November 6, 2013
Imprint: Oxford University Press Language: English
Author: János Kornai
ISBN: 9780199334780
Publisher: Oxford University Press
Publication: November 6, 2013
Imprint: Oxford University Press
Language: English

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.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

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.

More books from Oxford University Press

Cover of the book The Hebrew Bible as Literature: A Very Short Introduction by János Kornai
Cover of the book How Science Works by János Kornai
Cover of the book Musicians in the Making by János Kornai
Cover of the book A Meaning to Life by János Kornai
Cover of the book Responsible Conduct of Research by János Kornai
Cover of the book Thomas East and Music Publishing in Renaissance England by János Kornai
Cover of the book Failure to Flourish by János Kornai
Cover of the book Speak English or What? by János Kornai
Cover of the book Emperors and Usurpers by János Kornai
Cover of the book The Scarlet Letter by János Kornai
Cover of the book No Party Now by János Kornai
Cover of the book The Elephant Man Level 1 Oxford Bookworms Library by János Kornai
Cover of the book Cold War Friendships by János Kornai
Cover of the book Sharing Democracy by János Kornai
Cover of the book Sophocles: Oxford Bibliographies Online Research Guide by János Kornai
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy