ABSTRACT

This is a path-breaking book. Characteristically readable, controversial and full of insights, Nove identifies a workable socialist programme, achievable in the lifetime of a child born today, that avoids far-fetched or utopian assumptions.

This text has been immensely influential in the West, and is available in translation in China, Hungary and the Soviet Union. Alec Nove begins by demonstrating why Marx's theories provide a misleading guide to the issues facing economists under any realistically conceivable socialism. He goes on to discuss the problems experinced by communist-ruled countries, especially the Soviet Union, and to suggest possible remedies and solutions. Nove also examines problems of transition, in the context of Western industrialised countries and the Third World. He concludes by outlining a possible efficienct and human socialism, and examines objections to these ideas from the Left and the Right.

chapter |9 pages

Introduction Socialism - Why?

chapter |5 pages

Part 1 The Legacy of Marx

chapter |5 pages

Abundance, Scarcity and the New Man

chapter |10 pages

The Law of Value under Socialism

chapter |2 pages

A Digression on Marxian Economics

chapter |7 pages

Sancta Simplicitas

chapter |4 pages

The Ex Ante Illusion

chapter |3 pages

Quality and Quantity

chapter |4 pages

Division of Labour

chapter |5 pages

Material and Moral Incentives

chapter |3 pages

The Proletariat and Productive Labour

chapter |2 pages

The Legacy of Marx: Some Conclusions

chapter |1 pages

Externalities and 'Internalities'

chapter |3 pages

Shortages and the Sellers' Market

chapter |2 pages

Is It Planning?

chapter |5 pages

Agriculture and the Peasants

chapter |6 pages

Prices in Theory and Practice

chapter |3 pages

Mathematical Methods and Programming

chapter |1 pages

Growth and Full Employment

chapter |2 pages

Foreign Trade

chapter |2 pages

The Cost of What Is Missing

chapter |5 pages

A Shon Digression on 'Ideology'

chapter |10 pages

The Hungarian Reform

chapter |8 pages

Yugoslavia and Workers' Self-Management

chapter |2 pages

Some Introductory Remarks

chapter |9 pages

Some Thoughts on Nationalisation

chapter |14 pages

'Developmental Socialism'

chapter |1 pages

Some Social-Political Assumptions

chapter |12 pages

Enterprises, Markets and Competition

chapter |4 pages

Prices, Profits and Theory of Value

chapter |3 pages

Investments and Growth

chapter |1 pages

Foreign Trade

chapter |1 pages

Is It Socialism?

chapter |3 pages

Conclusion