Capitalism, socialism and property rights : why market socialism cannot substitute the market /

Capitalism, socialism and property rights : why market socialism cannot substitute the market / Mateusz Machaj ; translated by Kacper Potocki.

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An in-depth examination of one of the defining issues that separates capitalism from socialism - the system of ownership, or property rights - which, when explored, highlight fundamental problems in the model of market socialism.

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Bibliographic Details
Online Access: Full Text (via Cambridge)
Main Author: Machaj, Mateusz (Author)
Other Authors: Potocki, Kacper (Translator)
Other title:Kapitalizm, socjalizm i prawa własności. English
Format: eBook
Language:English
Polish
Published: Newcastle upon Tyne : Agenda Publishing Limited, 2018.
Series:Austrian economics.
Subjects:
Right of property.
Property.
Capitalism.
Socialism.
Capitalism
Property
Right of property
Socialism
Table of Contents:
  • Front Cover
  • Austrian Economics
  • Title Page
  • Copyright Page
  • Dedication
  • Contents
  • Acknowledgements
  • Introduction
  • Chapter 1 Legal fundamentals of economic systems
  • 1.1 Economic analysis and the concept of property
  • 1.2 The problem of the "economic analysis of law" and relations between law and economics
  • 1.3 Natural law and positive law
  • Chapter 2 Evolution of the socialist calculation challenge
  • 2.1 Mises and the (un)resolvable puzzle
  • 2.2 Taylor's project
  • 2.3 Hayek's attempted solution
  • Chapter 3 Neoclassical cruising around the Misesian challenge
  • 3.1 A proposed mathematical solution
  • 3.2 Lange's competitive model
  • 3.3 Schumpeter's mechanistic approach
  • 3.4 Walter Eucken: the debate's most underestimated contributor
  • Chapter 4 Property and the market process
  • 4.1 Ownership and the foundations of society and the economy
  • 4.2 Ownership and the development of money
  • 4.3 Ownership and the pricing of heterogeneous resources
  • 4.4 Consumer sovereignty and the distribution of income
  • 4.5 Theories of valuation: ownership and mathematics
  • Chapter 5 Property in the dynamics of the market process
  • 5.1 Calculation, intellectual division of labour and dispersion of knowledge
  • 5.2 Ownership-based analysis of profits and losses
  • 5.3 Ownership of factors of production and consumer sovereignty
  • 5.4 The entrepreneurial division of labour versus division of labour
  • 5.5 The stock exchange and corporate governance
  • 5.6 Why doesn't one giant company form in the free market?
  • Chapter 6 On the path to socialism: imperialism, bureaucracy and monopolization
  • 6.1 Bureaucratization and the market
  • 6.2 Remarks on imperialism and class struggle
  • 6.3 Monopoly and competition
  • Chapter 7 The nature of socialism
  • Conclusion
  • Notes
  • Bibliography

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