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Dynamism, Rivalry, and the Surplus Economy

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Dynamism, Rivalry, and the Surplus Economy

Two Essays on the Nature of Capitalism

János Kornai

Oxford University Press
Publication date : 2013-11-06

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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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About the book

Author

János Kornai

Imprint

Oxford University Press

Collection

n.c

Publication date

2013-11-06

Pages

192 pages

Print ISBN

9780199334766

Language

English

Ebook informations

EAN PDF

9780199334773

Price

£37.97

Copy count 0

Print count 0

File size 2355 Ko

Informations accessibility

EAN EPUB

9780199334780

Price

£37.97

Copy count 0

Print count 0

File size 20531 Ko

Informations accessibility

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About author(s)

János Kornai

Professor of Economics Emeritus, Harvard University and Corvinus University of Budapest. More information can be found at www.kornai-janos.hu http://www.kornai-janos.hu.

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