Contemporary Economic Systems: A Regional and Country Approach

By Nicholas V. Gianaris | Go to book overview

Notes

CHAPTER 1
1.
Ernest Barker, The Political Thoughts of Plato and Aristotle ( New York: Dover, 1959), 143.
2.
Adam Smith, An Inquiry Into the Nature and Causes of the Wealth of Nations, ed. by E. Cannan ( New York: Modern Library, 1937), 423.
3.
Frederick Hayek, The Road to Serfdom ( Chicago: University of Chicago Press, 1944), 72-82; also Milton Friedman, Capitalism and Freedom ( Chicago: University of Chicago Press, 1962).
4.
Louis Putterman, Division of Labor and Welfare: An Introduction to Economic Systems ( New York: Oxford University Press, 1990), chap. 2; and Moris Bonis, Comparative Economic Systems: Models and Cases, 6th ed. ( Homewood, Ill.: Irwin, 1989), chaps. 25-26.
5.
Robert B. Reich, The Work of Nations: Preparing Ourselves for 21st-Century Capitalism ( New York: Knopf, 1991); and his "Secession of the Successful," The New York Times Magazine, January 20, 1991, 17, 42-45.
6.
Vilfredo Pareto, Cours d' Economie Politique, vols. I and II ( Lausanne, 1896-97).

CHAPTER 2
1.
Hicks calls this type of economy a revenue economy or nonmarket economy. John Hicks, The Theory of Economic History ( New York: Oxford University Press, 1969), 24. Also Gerhard Lenski, Power and Privilege: A Theory of Social Stratification ( New York: McGraw-Hill, 1966).
2.
Plato, Laws, in B. Jowett, trans., The Dialogues of Plato ( New York, 1876), 736. The argument of eliminating desires to increase happiness is used in modern times by zero-growth economists against the extensive use of natural resources and in favor of environmental protection.
3.
More information in R. H. Tawney, Religion and the Rise of Capitalism ( New

-176-

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Contemporary Economic Systems: A Regional and Country Approach
Table of contents

Table of contents

  • Title Page iii
  • Contents vii
  • Tables and Figures ix
  • Preface xi
  • 1 - Introduction 1
  • 2 - The Economics of Capitalism: History and Theory 12
  • 3 - Socialism and Economic Planning 26
  • 4 - Employee Ownership and Share Economy as Alternatives 39
  • 5 - The United States 53
  • 6 - The European Community 68
  • 7 - Japan: A Miracle Economy 89
  • 8 - Swedish Democratic Socialism 100
  • 9 - The Soviet System and Its Collapse 110
  • 10 Reforms of the Eastern European Economies 126
  • 11 - The Chinese Experience 144
  • 12 - Development Strategies, Convergence, and Integration 160
  • Notes 176
  • Bibliography 185
  • Index 193
  • About the Author 196
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