Whither Socialism? by Joseph E. Stiglitz

Whither Socialism? Joseph E. Stiglitz ebook
Format: chm
Page: 352
Publisher: The MIT Press
ISBN: 0262691825, 9780262691826

Socialism, where capital goods are owned by the state and controlled by the state. These 3 systems are There is no “fault line” in our economic market system… and this “Whither Capitalism” stuff is typical leftist nonsense. (Yes, I meant wither, not whither. The candidates will effectively weigh in, as repeatedly predicted, in this order: Nicolas Sarkozy (UMP), Ségolène Royal (Socialist), François Bayrou (UDF), Jean-Marie Le Pen (Front National). Socialism didn't whither in the Reagan era, it just got a lot more expensive. Posted by George_Spiggott at 12:13 PM on February 6, 2009 [2 favorites]. Australian Options magazine no 67 out now editorial: Whither Capitalism; Whither Socialism? The Great "Whither Libertarians" Debate. Stiglitz has published several books, targeting general audiences, such as Whither Socialism, a theoretical introduction to the economic failures of Eastern Europe and the function of incomplete data in the market place. As much as they really, really want to believe that Obama is a socialist, Marxist, communist, fascist Kenyan with a secret gay agenda to destroy America, to the rest of us it's all crazy talk. 'AO founder Elliott Johnston posed “the question of socialism, however named” just before his recent death. Central planning is certainly not the answer; in "Whither Socialism", he makes it clear that the bad incentives faced by managers in a centrally-planned economy also yield bad outcomes. During the 1970s the copper-rich nation fell into economic chaos under the socialist Allende regime, its economic performance stifled by massive nationalizations, expropriations, and price controls. Over at Reason, Brink Socialist parties in Europe preside over efforts to overhaul their welfare states to make them more efficient and responsive.