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Contradictions and Dilemmas: Studies on the Socialist Economy and Society

Author

Listed:
  • János Kornai

    (Collegium Budapest Institute for Advanced Study)

Abstract
These seven essays by the Eastern block's most important economist address and explore many of the critical social and economic issues inherent in the socialist economy. Published in Hungary in 1983, they are the firsthand observations of an insider who attempts to be as frank and impartial as possible about the experiment in his own country. The essays distinguish the classical or traditional form of a highly centralized socialist economy from a system, like that of Hungary's, that is in the process of institutional reforms. They focus on a few important characteristics of social economies, rather than providing a broad description and analysis of socialist systems, in order to stimulate thinking along comparative lines. The wider problems and issues related to socialist systems that they address will interest sociologists and political scientists, historians, and philosophers as well as economists. Kornai points out that because real modern societies are different from the pure models of capitalism and socialism, combinations and mixtures of socialist and capitalist systems, sellers' and buyers' markets, centralized and decentralized management occur widely and intensively in both socialist and highly developed industrial market economies and in the nonsocialist third world countries in some segments and to a certain degree. Looking at these phenomena comparatively reveals both the deep differences and the similarities and analogies between the systems. The essays are: The Reproduction of Shortage. "Hard" and "Soft" Budget Constraint. Degrees of Paternalism. Economics and Psychology. Comments on the Present State and the Prospects of the Hungarian Economic Reform. Efficiency and the Principles of Socialist Ethics. The Health of Nations.

Suggested Citation

  • János Kornai, 1986. "Contradictions and Dilemmas: Studies on the Socialist Economy and Society," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262111071, April.
    • Handle: RePEc:mtp:titles:0262111071
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    Citations

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    Cited by:

    1. Tomasz Mickiewicz, 2009. "Hierarchy of governance institutions and the pecking order of privatisation: Central-Eastern Europe and Central Asia reconsidered," Post-Communist Economies, Taylor & Francis Journals, vol. 21(4), pages 399-423.
    2. Natalia Isachenkova & Tomasz Marek Mickiewicz, 2003. "Ownership Characteristics and Access to Finance: Evidence from a Survey of Large Privatised Companies in Hungary and Poland," UCL SSEES Economics and Business working paper series 35, UCL School of Slavonic and East European Studies (SSEES).
    3. R. B. Scotton & H. J. Owens, 1991. "Case Payment and Microeconomic Reform," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 24(1), pages 45-61, January.
    4. Lisa Keister, 2009. "Organizational research on market transition: A sociological approach," Asia Pacific Journal of Management, Springer, vol. 26(4), pages 719-742, December.
    5. Kong, Dongmin & Tao, Yunqing & Wang, Yanan, 2020. "China's anti-corruption campaign and firm productivity: Evidence from a quasi-natural experiment," China Economic Review, Elsevier, vol. 63(C).
    6. Guo, Jing & Wang, Yanan & Yang, Wei, 2021. "China's anti-corruption shock and resource reallocation in the energy industry," Energy Economics, Elsevier, vol. 96(C).
    7. McKinnon, Ronald I., 1995. "Intergovernmental competition in Europe with and without a common currency," Journal of Policy Modeling, Elsevier, vol. 17(5), pages 463-478, October.
    8. James A. Dorn, 1993. "Introduction: Monetary Reform in Ex-Communist Countries," Cato Journal, Cato Journal, Cato Institute, vol. 12(3), pages 509-525, Winter.
    9. Daniel LINOTTE, 1993. "Changements Structurels Et Privatisation Dans Les Économies En Transition," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 64(3), pages 311-328, July.
    10. Ronald I. McKinnon, 1991. "Financial Control in the Transition from Classical Socialism to a Market Economy," Journal of Economic Perspectives, American Economic Association, vol. 5(4), pages 107-122, Fall.
    11. James K. Galbraith, "undated". "What is the American Model Really About? Soft Budgets and the Keynesian Devolution ," Economics Public Policy Brief Archive ppb_72, Levy Economics Institute.
    12. Preminger, Ambrose, 2021. "Sustainable Development: A Connection between Technology, Economy, and Society," MPRA Paper 116385, University Library of Munich, Germany.
    13. Du, Jun & Mickiewicz, Tomasz, 2016. "Subsidies, rent seeking and performance: Being young, small or private in China," Journal of Business Venturing, Elsevier, vol. 31(1), pages 22-38.
    14. Liudmila Malyshava, 2018. "External Instability in Transition: Applying Minsky's Theory of Financial Fragility to International Markets," Economics Working Paper Archive wp_909, Levy Economics Institute.

    More about this item

    Keywords

    socialist economy; hungary; social issues;
    All these keywords.

    JEL classification:

    • P2 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies

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