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A major history of economic regimes and economic performance throughout the twentieth century. Ivan T. Berend looks at the historic development of the twentieth-century European economy, examining both its failures and its successes in responding to the challenges of this crisis-ridden and troubled but highly successful age. The book surveys the European economy's chronological development, the main factors of economic growth, and the various economic regimes that were invented and introduced in Europe during the twentieth century. Professor Berend shows how the vast disparity between the European regions that had characterized earlier periods gradually began to disappear during the course of the twentieth century as more and more countries reached a more or less similar level of economic development. This accessible book will be required reading for students in European economic history, economics, and modern European history.
Examines the nature and the mode of operation of the centrally planned economy, assessing its strengths and the weaknesses that eventually led to its demise.
Are multi-national corporations like Walmart and Amazon laying the groundwork for international socialism? For the left and the right, major multinational companies are held up as the ultimate expressions of free-market capitalism. Their remarkable success appears to vindicate the old idea that modern society is too complex to be subjected to a plan. And yet, as Leigh Phillips and Michal Rozworski argue, much of the economy of the West is centrally planned at present. Not only is planning on vast scales possible, we already have it and it works. The real question is whether planning can be democratic. Can it be transformed to work for us? An engaging, polemical romp through economic theory, computational complexity, and the history of planning, The People’s Republic of Walmart revives the conversation about how society can extend democratic decision-making to all economic matters. With the advances in information technology in recent decades and the emergence of globe-straddling collective enterprises, democratic planning in the interest of all humanity is more important and closer to attainment than ever before.
Government economic planning - the impact on economic development, the social implications and the best techniques of centralization. Comparison (18 tables) of planning processes. Bibliography pp. 143-146.
Examines the nature and the mode of operation of the centrally planned economy, assessing its strengths and the weaknesses that eventually led to its demise.
Don Lavoie argues that the radical Left's enthusiasm for planning has been a tragic mistake and that progressive social change requires the abandonment of this traditional view. Lavoie argues that planning—whether Marxism, economic democracy, or industrial policy—can only disrupt social and economic coordination. He challenges both radicals and their critics to begin reformulating our whole notion of progressive economic change without reliance on central planning. National Economic Planning: What is Left? will challenge thinkers and policymakers of every political persuasion.
"William Murray provides a unique perspective that should be read, particularly by America's youth, at a time central planners are once again promising utopian dreams at a cost to the most productive among us.” ―Governor Mike Huckabee Utopian dreamers are deceived and deceiving. Their “fight for the people” rhetoric may sound good at first, but history proves egalitarian governments and the cultures they try to create destroy freedom, destroy creativity, destroy human lives, create poverty and misery, and often spread beyond their borders to bring others under slavery. Utopians believe that through their own personal brilliance a better society can be created on earth. When the belief in man as a creation in the image of God is completely rejected, the use of slavery and mass execution can be justified in the name of the creation of a utopian state for the masses. Pol Pot, Vladimir Lenin, Adolf Hitler, Joseph Stalin, Mao Tse-tung―together these so-called visionaries through their fanciful policies are responsible for the deaths of millions of people. In Utopian Road to Hell William J. Murray, son of atheist apologist Madelyn Murray O’Hair, describes the totalitarians throughout history and the current utopians who are determined to engage in social engineering to control the lives of every person on earth. From Marx to Hitler, Murray explains the progression of socialist engineering from its occultist roots to the extreme madness of the Nazis’ nationalistic racism. From Margaret Sanger’s Planned Parenthood and Saul Alinsky’s Rules for Radicals, the rebellious desire to be free from morality drives the “at-any-cost” campaigns such as abortion on demand, no-fault divorce, same-sex marriage, and overreaching government provisions. From Woodrow Wilson’s “living document” distortion of the Constitution and his income tax to FDR’s New Deal to Obama’s executive orders, those who seek centralized power typically do so by proclaiming some utopian scheme that they claim will perfect mankind and eliminate competition, greed, poverty, and war. William J. Murray masterfully educates us on the utopians’ swath of destruction throughout history and warns us of the dangers of present-day utopians fighting to hold power. We must heed the warning of George Washington when he said in his 1796 Farewell Address that it is important for those entrusted with the administration of this great and free nation, “to confine themselves within their respective constitutional spheres, avoiding in the exercise of the powers of one department to encroach upon another.” We must reclaim the freedom of the individual to avoid the continued path down the utopian road to hell.
The Planning Commission played a crucial role in the type of development that India followed after independence. However, even though most economic analyses of India mention the five-year plans, the Planning Commission as an institution remains little studied. This is why this book proposes to look backward, examining the history of the idea of planning and the history and experience of planning in India. It also looks forward, trying to evaluate, beyond ideologies, which role the practice of planning has and should have in contemporary India. It then proposes that the NITI Aayog, the think tank founded on 1st January 2015 after the demise of the Planning Commission, could learn from this experience. This book addresses three leading questions: why plan economic development? How to plan? And what exactly can/should be planned? These questions are interrelated and the contributors of this volume, each with their own focus, propose elements of replies.
The centrally planned economies (CPEs) of the Soviet Union and Eastern Europe have experienced severe imbalances in domestic and external markets over the past several decades. As a result, they have been chronically afflicted by problems such as excess demand, repressed inflation, deficits of commodities, queues, waiting lists, and forced savings. Economists have responded to these phenomena by developing appropriate theoretical and empirical models of CPEs. Of particular note have been the pioneering studies of Richard Portes on disequilibrium econometric models and Janos Kornai on the shortage economy. Each approach has attracted followers who have produced numerous, innovative macro- and microeconomic models of Poland, Czechoslovakia, the German Democratic Republic, Hungary, and the USSR. These models have proved to be of considerable value in the analysis of the causes, consequences and remedies of disequilibrium phenomena. Inevitably, the new research has also generated controversies both between and within the schools of shortage and disequilibrium modelling, concerning the fundamental nature of the socialist economy, theoretical concepts and definitions, the specification of models, estimation techniques, interpretation of empirical findings, and policy recommend ations. Furthermore, the research effort has been energetic but incomplete, so many gaps exist in the field.