Capitalism versus Pragmatic Market Socialism formatIsbn:Softcover - 9789401049702 Das Handbuch dient Laien und

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Capitalism versus Pragmatic Market Socialism formatIsbn:Softcover - 9789401049702 Das Handbuch dient Laien undCapitalism versus Pragmatic Market Socialism: A General Equilibrium Evaluation contains important contributions both to general economic theory and to the evaluation of potential market socialist economic systems. As a contribution to economic theory, the general equilibrium model utilized in the research introduces the concept of `capital management effort' as a third primary factor of production (in addition to labor and saving) provided by private