Dynamism, Rivalry, and the Surplus Economy: Two Essays on the Nature of Capitalism
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In Dynamism, Rivalry, and the Surplus Economy, J nos 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...
Format:Hardcover
Language:English
ISBN:0199334765
ISBN13:9780199334766
Release Date:December 2013
Publisher:OUP Us
Length:208 Pages
Weight:0.95 lbs.
Dimensions:0.9" x 6.0" x 9.3"
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