TITLE

Unemployment in Socialist Countries

AUTHOR(S)
Rottenberg, Simon
PUB. DATE
July 1962
SOURCE
Industrial & Labor Relations Review;Jul62, Vol. 15 Issue 4, p536
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
Proponents of socialist or centrally planned economies often assert that their systems of resource allocation and utilization banish the great scourge of capitalist economic organization, unemployment. The probable truth of this assertion is examined in this brief discussion. In general, its author finds in the absence of market-determined prices in allocating labor that the probability of full employment in socialist economies is small.
ACCESSION #
6447140

 

Related Articles

  • POSTINDUSTRIAL CAPITALISM, THE STATE, AND THE PROSPECTS FOR ECONOMIC DEMOCRACY. Manza, Jeff // Journal of Political & Military Sociology;Winter92, Vol. 20 Issue 2, p209 

    The article discusses the concept of economic democracy. The revival of the concept of economic democracy by a range of theorists who could loosely be characterized as part of an emergent paradigm of radical democracy has offered complex new visions of social transformation. These economic...

  • The leftie who got control of the ARC. White, Margo // Metro (NZ);Mar2005, Issue 285, p46 

    This article reports that after decades of control by political conservatives, the Auckland Regional Council is now headed by an old-fashioned, tree-planting socialist. Mike Lee, the new chairman of the Auckland Regional Council, used to be known as the husband of the more famous Sandra. Mike...

  • THE PROBLEM OF UNEMPLOYMENT. GATZIA, DIMITRIA ELECTRA // Journal of Self-Governance & Management Economics;2013, Vol. 1 Issue 4, p7 

    The aim of this paper is to address the problem of unemployment. Economists generally agree that a zero rate of unemployment is not only unattainable but also undesirable within capitalism. This is problematic because, as it will be shown, unemployment has adverse effects on both individuals and...

  • ECONOMICS. Somerville, Henry // America;9/13/1919, Vol. 21 Issue 23, p578 

    The article focuses on the characteristics of capitalism. The author describes capitalism as the system of society which the means of production, land and capital, are privately owned by a small part of the community. He mentions the disadvantages of capitalism like unemployment, adulteration of...

  • CAN A CHANGE IN THE GROWTH PATTERN SPEED UP THE CONVERGENCE OF TRANSITION COUNTRIES TOWARD THE EU? -- EXAMPLE OF CROATIA --. ┼ákare, Marinko // Enterprise in Transition: International Conference Proceedings: ;2001, p1804 

    In the past, transition countries capabilities to produce goods and services demanded, basically depended on the employment growth and capital formation rate. The level of technological attainment under the central planning was low because of the firms' disincentives to innovate, leaving the...

  • The legacy of Popular Unity: Chile 1973-2003. Barton, Jonathan R. // Capital & Class;Spring2004, Vol. 28 Issue 82, p9 

    What lessons can be learned from Chile's 'Road to Socialism', 1970-73? In contrast to the predominant focus on the undermining of the government by opposition forces (the us administration, domestic and foreign capitalists, the Chilean military and right-wing movements), this short comment...

  • A RECONSIDERATION OF CAPITALISM AND SOCIALISM AS THEORETICAL CONCEPTS: SOME THESES. Kellermann, Paul // Swiss Journal of Sociology;1993, Vol. 19 Issue 3, p535 

    After the eventful year 1989, capitalism is widely considered to have finally triumphed over socialism. In order to prove this theory wrong, we will discuss "pure socialism" and "pure capitalism" as religions with fundamental value orientations that are collectivism and individualism...

  • The Telltale Signs of Freedom. Molnar, Thomas // National Review;9/19/1980, Vol. 32 Issue 19, p1138 

    The article compares the socialist and capitalist societies of Burma and Thailand. A description of the industrialization of the capitalist country of Thailand is presented. It discusses the signs of freedom in Thailand. The restrictions in the socialist country of Burma are explored. It...

  • Can Stalin expect a bust? Masse, Benjamin L. // America;12/17/1949, Vol. 82 Issue 11, p337 

    The article reports on the battle between American capitalism and Soviet collectivism in 1949. It says that Soviet leaders believe that a major American depression is inevitable. It notes that Marxist theory calls for a severe crisis with the continued growth of capitalism, and should this...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics