Is socialism back? A review of contemporary economic literature

Carnevali, Emilio and Pedersen Ystehede, André (2023) Is socialism back? A review of contemporary economic literature. Journal of Economic Surveys, 37 (2). pp. 239-270. ISSN 0950-0804

Is Socialism Back_31Dec2021.pdf - Accepted Version

Download (408kB) | Preview
Official URL:


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: 19 Jan 2024 03:30

Actions (login required)

View Item View Item


Downloads per month over past year

View more statistics