The Socialist System The Political Economy of Communism János Kornai. Editions. Paperback. ISBN. pp. 6 x 9. János Kornai, until János Kornhauser, (born 21 January ) is a Hungarian economist noted for his analysis and criticism of the command economies of Eastern European communist states. Kornai is highly skeptical of efforts to create market socialism. His later works, including The Road to a Free Economy. This book provides a comprehensive account of the structure, conduct, and performance of the centrally planned economies of Eastern Europe.

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Socialist System: The Political Economy of Communism – Oxford Scholarship

His later works, including The Road to a Free EconomyHighway and BywaysStruggle and Hope and Welfare in Transitiondeal with macroeconomic aspects and the interaction between politics and economic policy in the period of economic transition in the post-Soviet states. He gained his knowledge in economics on his own, and holds a candidate degree in the field from the Hungarian Academy of Sciences.

Bibliographic Information Print publication date: Oxford University Press is a department of the University of Oxford. It addresses the reasons for the early successes of socialist systems, and the reasons for their gradual breakdown.

Authors Affiliations are at time of print publication.

Kornai’s book can be read with much profit by citizens of both east and west, by economists and by whoever is interested in politics, by specialists in the affairs of communist-run countries and by student beginners. Theory of two-level planning Shortage economy. This book, destined to become a classic, sheds great light on communism – why it endured, why it eventually failed, socialjst how it should and will evolve. It is the first comprehensive and systematic exposition of the political economy of state socialism.


János Kornai

Wilson Elhanan Helpman University Press Scholarship Online. Retrieved from ” https: Professor Kornai’s early work Overcentralization created a stir in the West and conveyed for the first time his disillusionment with communist central planning.

Myerson John H. It furthers the University’s objective of excellence in research, scholarship, and education by publishing worldwide. Search my Subject Specializations: The final, political conclusion is that Stalinist classical socialism is repressive and inefficient, but nevertheless constitutes a coherent system which slackens and contradicts itself when it starts to reform; hence reform is doomed to fail.

Choose your country or region Close. It also shows that socialist economics were not as homogenous as traditionally assumed by commentators. The Globalization Paradox Dani Rodrik.

The greatest student of socialist economics has produced his grand oeuvre. Part Two, chapters 3—15deals with classical socialism, defined as the political structure and economy that developed in the Soviet Union under Stalin and in China under Mao Zedong, and emerged in the smaller countries of Eastern Europe and in several Asian, African, and Latin American countries.

Other editions – View all The Socialist System: A comprehensive content, references, authors and subject indexes makes the book a very convenient research tool.

He retired from Harvard in Print Save Cite Email Share. This page was last edited on 25 Julyat Part Systsm Shifting from the Classical System.

Classical, Early, and Medieval Prose and Writers: Janos Kornai has not read Marx and he does not know what communism is. Organizations in Time Marcelo Bucheli, R.


In other projects Wikiquote. Korna Review – Flag as inappropriate The idea of socialism or communism as suggested by the likes of karl marx does not include capitalist economics: What he does do is to describe with consummate skill the essential features of the system as it was, and why attempts to reform it have been so conspicuously unsuccessful.

The Socialist System – Janos Kornai – Oxford University Press

Presidents of the International Economic Association. Kornai is highly skeptical of efforts to create market socialism.

Presidents of the European Economic Association. Classical, Early, and Medieval World History: Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a monograph in OSO for personal use for details see www.

The Socialist System

Global Migration Governance Alexander Betts. It combines a coherent political model with a detailed economic critique. Surely he can’t believe that the Soviet Union was democratic? He has authored many economics-related books and papers. The author offers an intricate, nuanced, logical, and highly readable panorama of not just the Communist economy but the whole socioeconomic, political-cultural formation, known as state socialism.