Socialist Planning 3rd Edition by Michael Ellman ISBN 1107427320 9781107427327

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Product details:

ISBN 10: 1107427320

ISBN 13: 9781107427327 

Author: Michael Ellman 

Socialist planning played an enormous role in the economic and political history of the twentieth century. Beginning in the USSR it spread round the world. It influenced economic institutions and economic policy in countries as varied as Bulgaria, USA, China, Japan, India, Poland and France. How did it work? What were its weaknesses and strengths? What is its legacy for the twenty-first century? Now in its third edition, this textbook is fully updated to cover the findings of the period since the collapse of the USSR. It provides an overview of socialist planning, explains the underlying theory and its limitations, looks at its implementation in various sectors of the economy, and places developments in their historical context. A new chapter analyses how planning worked in the defence-industrial complex. This book is an ideal text for undergraduate and graduate students taking courses in comparative economic systems and twentieth-century economic history.

• A thorough overview of socialist planning, looking at the subject from both economic and historical points of view; now fully updated to cover the findings of the period since the collapse of the USSR
• Takes account of a very wide range of literature: students will see how it is possible to treat sympathetically a mixture of viewpoints
• Compares the transition to capitalism in the former Soviet Union, Eastern Europe and China

Table of contents:

1. The rise and fall of socialist planning
2. The traditional model
3. The reform process
4. Planning the defence-industrial complex
5. Investment planning
6. Planning agriculture
7. Planning labour and incomes
8. Planning consumption
9. Planning international trade
10. An evaluation of socialist planning

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