Fouad Sabry

Socialist Economics

What is Socialist Economics

The field of socialism economics encompasses the economic theories, practices, and conventions of socialist economic systems already in existence as well as those that are speculative. One of the defining characteristics of a socialist economic system is the presence of social ownership and operation of the means of production. This ownership and operation can take the shape of autonomous cooperatives or direct public ownership, in which production is carried out directly for the purpose of use rather than for profit. The term “market socialism” refers to socialist regimes that make use of markets in order to distribute capital goods and tools of production among different economic entities. A socialist planned economy is the name given to the economic system that is applied when planning is utilized. When it comes to valuing resources and goods, non-market versions of socialism typically incorporate a method of accounting that is founded on the calculation-in-kind mechanism.

How you will benefit

(I) Insights, and validations about the following topics:

Chapter 1: Socialist economics

Chapter 2: Free market

Chapter 3: Socialism

Chapter 4: State capitalism

Chapter 5: Market economy

Chapter 6: Mixed economy

Chapter 7: Private property

Chapter 8: State ownership

Chapter 9: Economic system

Chapter 10: Socialist market economy

Chapter 11: Criticism of socialism

Chapter 12: Lange model

Chapter 13: Economic planning

Chapter 14: Social dividend

Chapter 15: Production for use

Chapter 16: State socialism

Chapter 17: Types of socialism

Chapter 18: Socialist mode of production

Chapter 19: Social ownership

Chapter 20: Market socialism

Chapter 21: Socialist calculation debate

(II) Answering the public top questions about socialist economics.

(III) Real world examples for the usage of socialist economics in many fields.

(IV) Rich glossary featuring over 1200 terms to unlock a comprehensive understanding of socialist economics. (eBook only).

Who will benefit

Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of socialist economics.
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