Is socialism back? A review of contemporary economic literature

Carnevali, Emilio and Pedersen Ystehede, André (2022) Is socialism back? A review of contemporary economic literature. Journal of Economic Surveys. ISSN 0950-0804 (In Press)

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Official URL: https://doi.org/10.1111/joes.12488

Abstract

The paper deals with the recent resurgence of interest in the concept of “socialism” from an economic perspective. The most significant contemporary proposals for a new model of socialism are surveyed across five major thematic areas: socialism as a voluntary endeavor and socialist ethics; socialism as a process of democratization; socialism, efficiency and profit maximization; the problem of planning and the new calculation debate; and, socialism as a means versus socialism as an end. A common framework to assess the new blueprints is constructed to identify the likely directions of the research on these themes in the near future.

Item Type: Article
Uncontrolled Keywords: Economic Planning, János Kornai, Political Economy, Socialism, Comparative Economics
Subjects: L100 Economics
L900 Others in Social studies
Department: Faculties > Business and Law > Newcastle Business School > Accounting and Finance
Depositing User: John Coen
Date Deposited: 26 Jan 2022 12:42
Last Modified: 26 Jan 2022 12:45
URI: http://nrl.northumbria.ac.uk/id/eprint/48254

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