Dynamism, Rivalry, and the Surplus Economy

Two Essays on the Nature of Capitalism

By:

Janos Kornai

Format:

Hardback

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Description

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.

Author Biography:

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.

Release date NZ

December 12th, 2013

Author

Janos Kornai

Audiences

Postgraduate, Research & Scholarly
Professional & Vocational

Pages

208

Dimensions

163x237x21

ISBN-13

9780199334766

Product ID

21411411

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