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On the Workability of Market Socialism

Bibliographic Data

ID4029402
AuthorsPranab Bardhan (0000-0002-2378-9281, Professor of Economics, University of California, Berkeley, California.), John E Roemer (0000-0001-9049-5083, University of California System)
Year1994
Volume8
Issue2
Pages177-181
Publication date1994-05-01
Open AccessYes
TypeARTICLE
VenueThe Journal of Economic Perspectives (JOURNAL)
Journal identifiersISSN: 0895-3309 • E-ISSN: 1944-7965
PublisherAmerican Economic Association (PUBLISHER • US)
DOI10.1257/jep.8.2.177
OpenAlexW2062466871
LanguageEN
Citations received5
References cited2

Contrary to the claim of Andrei Shleifer and Robert W. Vishny (1994), it is conceivable under market socialism to take firms out of the orbit of state control and that a less narrow theory of the state than theirs allows the possibility of democratic socialism mitigating problems of economic inefficiency better than capitalism

Capitalism · Democracy · Economic system · Economics · Inefficiency · Keynesian economics · Management · Market economy · Market socialism · Neoclassical economics · Political science · Politics · Socialism · State socialism · Economic Theory and Institutions · Economic Theory and Policy · Law · Mathematics · Political Economy and Marxism

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Citations per year0.26
Citation span2007 - 2021 (15)
Highly citedNo

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