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Index
Half Title
Title Page
Copyright Page
Contents
Preface
A Note on the Notes
Introduction Socialism – Why?
Part 1 The Legacy of Marx
What Did Marx Mean by Socialism?
Abundance, Scarcity and the New Man
The Law of Value under Socialism
A Digression on Marxian Economics
Sancta Simplicitas
The Ex Ante Illusion
Quality and Quantity
Division of Labour
Material and Moral Incentives
The Proletariat and Productive Labour
The Legacy of Marx: Some Conclusions
Addendum: More on Human Psychology and ‘Reductionism’
Part 2 Socialism and the Soviet Experience
Introduction
Externalities and ‘Internalities’
Shortages and the Sellers’ Market
Plan Indicators and the Evaluation of Performance
The ‘Curse of Scale’, Innovation and Bureaucratic Fragmentation
Is It Planning?
Class Structure, Labour, Wages and Trade Unions
Agriculture and the Peasants
Investment Decisions and Criteria in Theory and Practice
Prices in Theory and Practice
Mathematical Methods and Programming
Growth and Full Employment
Foreign Trade
The Cost of What Is Missing
Conclusion: Centralised Planning and Democratic Socialism
A Short Digression on ‘Ideology’
Part 3 Reform Models: Hungary, Yugoslavia, Poland, China
Some ‘Revisionist’ Critiques
The Hungarian Reform
Yugoslavia and Workers’ Self-Management
Private Agriculture in Yugoslavia and Poland: Peasants and Farmers
The Polish Experience: the Road to Catastrophe
China: Leap Forward, Cultural Revolution and Reform
Part 4 Transition
Some Introductory Remarks
Transition I: From Capitalism to Socialism
Some Thoughts on Nationalisation
Transition II: From ‘Socialism’ to Socialism
‘Developmental Socialism’
Part 5 Feasible Socialism
Some Social-Political Assumptions
Enterprises, Markets and Competition
Prices, Profits and Theory of Value
Division of Labour, Income Differentials and Self-Management
Investments and Growth
Foreign Trade
The Economic Role of Democratic Politics
Is It Socialism?
Conclusion
Appendix 1: On Contradiction
Appendix 2: Two Critiques
Appendix 3: A Note on Utopia
Name Index
Subject Index
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