Overview
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.
Full Product Details
Author: János Kornai (Professor of Economics Emeritus, Professor of Economics Emeritus, Harvard University and Corvinus University of Budapest)
Publisher: Oxford University Press Inc
Imprint: Oxford University Press Inc
Dimensions:
Width: 23.60cm
, Height: 2.30cm
, Length: 15.20cm
Weight: 0.431kg
ISBN: 9780199334766
ISBN 10: 0199334765
Pages: 208
Publication Date: 12 December 2013
Audience:
College/higher education
,
Professional and scholarly
,
Postgraduate, Research & Scholarly
,
Professional & Vocational
Format: Hardback
Publisher's Status: Active
Availability: To order
Stock availability from the supplier is unknown. We will order it for you and ship this item to you once it is received by us.
Reviews
Dynamism, Rivalry and the Surplus Economy gives an inspiring contribution to a research program somewhat left behind by the profession of economists. [It] will encourage a renewed and welcome plurality in the approach of the nature of the capitalist system. -- Bernard Chavance, The Journal of Comparative Economic Studies
Dynamism, Rivalry and the Surplus Economy gives an inspiring contribution to a research program somewhat left behind by the profession of economists. [It] will encourage a renewed and welcome plurality in the approach of the nature of the capitalist system. -- Bernard Chavance, The Journal of Comparative Economic Studies
Kornai is one of the most profound, inspiring and leading economists in the study of fundamential regularities in capitalism and socialism. The uniqueness of this book is the comparative perspective that reveals the features of capitalism by comparing it with its mirror image, socialism.The book provides general guidance and provokes throughts for studying capitalism. * Chenggang Xu, Journal of Economic Literature *
Kornai is one of the most profound, inspiring, and leading economists in the study of fundamental regularities in capitalism and socialism... This book fills an important intellectual gap in understanding the nature of capitalism. -- Journal of Economic Literature Dynamism, Rivalry and the Surplus Economy gives an inspiring contribution to a research program somewhat left behind by the profession of economists. [It] will encourage a renewed and welcome plurality in the approach of the nature of the capitalist system. -- Bernard Chavance, The Journal of Comparative Economic Studies
Author Information
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.
