03297nam 2200445 450 991079552890332120220929094404.01-78821-130-8(CKB)5120000000154552(MiAaPQ)EBC6983127(Au-PeEL)EBL6983127(OCoLC)1043555688(EXLCZ)99512000000015455220220929d2018 uy 0engurcnu||||||||txtrdacontentcrdamediacrrdacarrierCapitalism, socialism and property rights why market socialism cannot substitute the market /Mateusz MachajNewcastle upon Tyne :Agenda Publishing,[2018]©20181 online resource (214 pages)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.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.Right of propertyPropertyCapitalismRight of property.Property.Capitalism.330.17Machaj Mateusz1501132MiAaPQMiAaPQMiAaPQBOOK9910795528903321Capitalism, socialism and property rights3728196UNINA