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The Resource The philosophy and economics of market socialism : a critical study, N. Scott Arnold
The philosophy and economics of market socialism : a critical study, N. Scott Arnold
Resource Information
The item The philosophy and economics of market socialism : a critical study, N. Scott Arnold represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in Boston University Libraries.This item is available to borrow from all library branches.
Resource Information
The item The philosophy and economics of market socialism : a critical study, N. Scott Arnold represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in Boston University Libraries.
This item is available to borrow from all library branches.
- Summary
-
- In this closely reasoned examination of the case for market socialism, N. Scott Arnold argues that even the most defensible version of market socialism would be deeply flawed. Specifically, it would be responsible for systematic and widespread exploitation
- The charge of exploitation, which is really a charge of injustice, has typically been made against capitalist systems by socialists. This book argues that it is actually market socialism - the only remaining viable form of socialism - that is systematically exploitative
- Recent work on the economics of contracts and organizations is used to show that the characteristic organizations of a free enterprise system - the classical capitalist firm and the modern corporation - are structured in such a way that opportunities for exploitation among economic actors (e.g., managers, workers, providers of capital, customers) are minimized. By contrast, Arnold argues, in a market socialist regime of worker cooperatives, opportunities for exploitation abound
- Arnold locates his comparative analysis of market socialism and the free enterprise system in the larger context of the capitalism/socialism debate. In his account of this debate - and in his contribution to it - he offers a distinctive and attractive vision of the relationship between economics and political philosophy. This vision clearly identifies the respective contributions that economics and political philosophy can make to the fundamental question of how social institutions are to be evaluated
- Language
- eng
- Extent
- xiv, 301 pages
- Contents
-
- 1. Capitalism versus Socialism: An Analytical Perspective. Defining the Terms. The Nature of the Dispute. Criticizing Economic Systems. Defending Economic Systems. Resolution and Progress in the Dispute -- 2. Why Market Socialism? Motivating the Market. Social Ownership in a Market Economy. The Motivations for Social Ownership -- 3. Economic Exploitation. Exploitation as the Failure of Reciprocity. The Value of One's Contribution. Fair Exchanges and the Value of One's Contribution. The Question of Alternatives -- 4. Exploitation and the Economics of Organizations. Comparing Types of Economic Systems. The Foundations of the Economics of Organizations. An Illustration: The Classical Capitalist Firm. The Empirical Preconditions for Exploitation. Opportunism, Appropriable Quasi-Rents, and Exploitative Exchange -- 5. Transactions Cost Efficiencies of Capitalist Organizations. Some Methodological Considerations. The Classical Capitalist Firm Revisited. The Open Corporation
- The Employment Relation in a Free Enterprise System -- 6. Exploitation in a Market Socialist Economy I. More Methodological Considerations. Exploitation among and by the Residual Claimants in the Cooperative. Other Forms of Exploitation in the Small-to-Medium-sized Cooperative -- 7. Exploitation in a Market Socialist Economy II. Exploitation in and through the Large Cooperative. Exploitation through State Organizations -- 8. Other Options for Market Socialism? Equity Ownership and Market Socialism. Other Forms of Ownership and Market Socialism. The Socialist Vision of the Good Society
- Isbn
- 9780195088274
- Label
- The philosophy and economics of market socialism : a critical study
- Title
- The philosophy and economics of market socialism
- Title remainder
- a critical study
- Statement of responsibility
- N. Scott Arnold
- Language
- eng
- Summary
-
- In this closely reasoned examination of the case for market socialism, N. Scott Arnold argues that even the most defensible version of market socialism would be deeply flawed. Specifically, it would be responsible for systematic and widespread exploitation
- The charge of exploitation, which is really a charge of injustice, has typically been made against capitalist systems by socialists. This book argues that it is actually market socialism - the only remaining viable form of socialism - that is systematically exploitative
- Recent work on the economics of contracts and organizations is used to show that the characteristic organizations of a free enterprise system - the classical capitalist firm and the modern corporation - are structured in such a way that opportunities for exploitation among economic actors (e.g., managers, workers, providers of capital, customers) are minimized. By contrast, Arnold argues, in a market socialist regime of worker cooperatives, opportunities for exploitation abound
- Arnold locates his comparative analysis of market socialism and the free enterprise system in the larger context of the capitalism/socialism debate. In his account of this debate - and in his contribution to it - he offers a distinctive and attractive vision of the relationship between economics and political philosophy. This vision clearly identifies the respective contributions that economics and political philosophy can make to the fundamental question of how social institutions are to be evaluated
- Cataloging source
- DLC
- http://library.link/vocab/creatorName
- Arnold, N. Scott
- Index
- index present
- LC call number
- HB90
- LC item number
- .A77 1994
- Literary form
- non fiction
- Nature of contents
- bibliography
- http://library.link/vocab/subjectName
-
- Mixed economy
- Marxian economics
- Socialism
- Economía política marxista
- Socialismo
- Marxian economics
- Mixed economy
- Socialism
- Gemengde economie
- Socialisme
- Uitbuiting
- Sozialistische Marktwirtschaft
- Label
- The philosophy and economics of market socialism : a critical study, N. Scott Arnold
- Bibliography note
- Includes bibliographical references (p. 283-291) and index
- Carrier category
- volume
- Carrier category code
-
- nc
- Carrier MARC source
- rdacarrier
- Content category
- text
- Content type code
-
- txt
- Content type MARC source
- rdacontent
- Contents
-
- 1. Capitalism versus Socialism: An Analytical Perspective. Defining the Terms. The Nature of the Dispute. Criticizing Economic Systems. Defending Economic Systems. Resolution and Progress in the Dispute -- 2. Why Market Socialism? Motivating the Market. Social Ownership in a Market Economy. The Motivations for Social Ownership -- 3. Economic Exploitation. Exploitation as the Failure of Reciprocity. The Value of One's Contribution. Fair Exchanges and the Value of One's Contribution. The Question of Alternatives -- 4. Exploitation and the Economics of Organizations. Comparing Types of Economic Systems. The Foundations of the Economics of Organizations. An Illustration: The Classical Capitalist Firm. The Empirical Preconditions for Exploitation. Opportunism, Appropriable Quasi-Rents, and Exploitative Exchange -- 5. Transactions Cost Efficiencies of Capitalist Organizations. Some Methodological Considerations. The Classical Capitalist Firm Revisited. The Open Corporation
- The Employment Relation in a Free Enterprise System -- 6. Exploitation in a Market Socialist Economy I. More Methodological Considerations. Exploitation among and by the Residual Claimants in the Cooperative. Other Forms of Exploitation in the Small-to-Medium-sized Cooperative -- 7. Exploitation in a Market Socialist Economy II. Exploitation in and through the Large Cooperative. Exploitation through State Organizations -- 8. Other Options for Market Socialism? Equity Ownership and Market Socialism. Other Forms of Ownership and Market Socialism. The Socialist Vision of the Good Society
- Dimensions
- 25 cm
- Extent
- xiv, 301 pages
- Isbn
- 9780195088274
- Lccn
- 93031714
- Media category
- unmediated
- Media MARC source
- rdamedia
- Media type code
-
- n
- System control number
-
- (OCoLC)28708610
- (OCoLC)ocm28708610
- Label
- The philosophy and economics of market socialism : a critical study, N. Scott Arnold
- Bibliography note
- Includes bibliographical references (p. 283-291) and index
- Carrier category
- volume
- Carrier category code
-
- nc
- Carrier MARC source
- rdacarrier
- Content category
- text
- Content type code
-
- txt
- Content type MARC source
- rdacontent
- Contents
-
- 1. Capitalism versus Socialism: An Analytical Perspective. Defining the Terms. The Nature of the Dispute. Criticizing Economic Systems. Defending Economic Systems. Resolution and Progress in the Dispute -- 2. Why Market Socialism? Motivating the Market. Social Ownership in a Market Economy. The Motivations for Social Ownership -- 3. Economic Exploitation. Exploitation as the Failure of Reciprocity. The Value of One's Contribution. Fair Exchanges and the Value of One's Contribution. The Question of Alternatives -- 4. Exploitation and the Economics of Organizations. Comparing Types of Economic Systems. The Foundations of the Economics of Organizations. An Illustration: The Classical Capitalist Firm. The Empirical Preconditions for Exploitation. Opportunism, Appropriable Quasi-Rents, and Exploitative Exchange -- 5. Transactions Cost Efficiencies of Capitalist Organizations. Some Methodological Considerations. The Classical Capitalist Firm Revisited. The Open Corporation
- The Employment Relation in a Free Enterprise System -- 6. Exploitation in a Market Socialist Economy I. More Methodological Considerations. Exploitation among and by the Residual Claimants in the Cooperative. Other Forms of Exploitation in the Small-to-Medium-sized Cooperative -- 7. Exploitation in a Market Socialist Economy II. Exploitation in and through the Large Cooperative. Exploitation through State Organizations -- 8. Other Options for Market Socialism? Equity Ownership and Market Socialism. Other Forms of Ownership and Market Socialism. The Socialist Vision of the Good Society
- Dimensions
- 25 cm
- Extent
- xiv, 301 pages
- Isbn
- 9780195088274
- Lccn
- 93031714
- Media category
- unmediated
- Media MARC source
- rdamedia
- Media type code
-
- n
- System control number
-
- (OCoLC)28708610
- (OCoLC)ocm28708610
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