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The Economics of Feasible Socialism - Alec Nove

The Economics of Feasible Socialism

By: Alec Nove

Paperback Published: 27th January 1983
ISBN: 9780043350492
Number Of Pages: 247

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This is a path-breaking book. Characteristically readable, controversial and full of insights, Nove identifies a workable socialist programme, achievable in the lifetime of a child born today, that avoids far-fetched or utopian assumptions.

This text has been immensely influential in the West, and is available in translation in China, Hungary and the Soviet Union. Alec Nove begins by demonstrating why Marx's theories provide a misleading guide to the issues facing economists under any realistically conceivable socialism. He goes on to discuss the problems experinced by communist-ruled countries, especially the Soviet Union, and to suggest possible remedies and solutions. Nove also examines problems of transition, in the context of Western industrialised countries and the Third World. He concludes by outlining a possible efficienct and human socialism, and examines objections to these ideas from the Left and the Right.

Introduction: Socialism
The Legacy of Marx What Did Marx Mean By Socialism?
Abundance, Scarcity and the New Man the Law of Value Under Socialism
A Digression on Marxian Economics Sancta
Simplicitas the Ex Ante Illusion Quality and Quantity Division of Labour Material and Moral Incentives the Proletariat and Productive Labour the Legacy of Marx
Some Conclusions Addendum
More on Human Psychology and 'Reductionism'
Socialism and the Soviet Experience Introduction
Externalities and 'Internalities' Shortages and the Sellers' Market Plan
Indicators and the Evaluation of Performance the 'Curse of Scale'
Innovation and Bureaucratic Fragmentation Is it Planning?
Class Structure, Labour, Wages and Trade Unions Agriculture and the Peasants Investment
Decisions and Criteria in Theory and Practice Prices in Theory and Practice Mathematical
Methods and Programming Growth and Full Employment
Foreign Trade the Cost of What Is Missing Conclusion
Centralised Planning and Democratic Socialism
A Short Digression on 'Ideology'
Reform Models: Hungary, Yugoslavia, Poland, China Some 'Revisionist'
Critiques the Hungarian Reform Yugoslavia and Workers'
Self-Management Private Agriculture in Yugoslavia and Poland
Peasants and Farmers the Polish Experience: the Road to Catastrophe China
Leap Forward, Cultural Revolution and Reform
Transition Some Introductory Remarks Transition I
From Capitalism to Socialism Some Thoughts on Nationalism Transition II
From 'Socialism' to Socialism 'Development Socialism'
Feasible Socialism Some Social-Political Assumptions Enterprises
Markets and Competition Prices, Profits, and Theory of Value
Division of Labour, Income Differentials and Self-Management
Investments and Growth Foreign Trade the Economic Role of Democratic
Politics Is It Socialism?
Table of Contents provided by Publisher. All Rights Reserved.

ISBN: 9780043350492
ISBN-10: 0043350496
Audience: Tertiary; University or College
Format: Paperback
Language: English
Number Of Pages: 247
Published: 27th January 1983
Country of Publication: GB
Dimensions (cm): 22.86 x 15.24  x 1.5
Weight (kg): 0.39
Edition Number: 1