This paper examines the political consequences of introducing the welfare state targeted at blue-collar workers in 19th-century Germany. I conceptualize Bismarck's reform as an accommodation strategy to combat the socialist party as an emerging challenger party. The result of a...

Dieser Beitrag rezensiert den außerordentlich lesenswerten Sammelband, den Richard Sturn unter dem Titel 'Joseph Schumpeter und der Staat" in der Nomos-Reihe 'Staatsverständnisse" herausgegeben hat. Zugleich wird herausgearbeitet, dass die Schumpeter Rezeption vor einer groflen Herausforderung...

Auf Inflation mit politischen Maßnahmen zur Stimulierung der Nachfrage zu reagieren, wirft Fragen auf, insbesondere wenn einflussreiche zeitgenössische Ökonomen wie Hans Werner Sinn dies unterstützen, indem sie den Konsum als wachstumsschädlich und unnötig für die Wirtschaft bezeichnen....

The aim of this paper is to provide a conceptual and theoretical framework for the political settlement and dynamics of social contract relations in Tanzania. The political settlement approach is employed within a theoretical framework that has been developed and applied to analyse political...

Purpose - Regulating and guiding the sound development of capital under a socialist system is not only a significant theoretical innovation rooted in Chinese practice by the Communist Party of China (CPC) but also a major practical exploration for the smooth progression of the party and the...

The discussion of the growth consequences of socialism has fulminated for a century, sparked off by the Calculation Debate in the 1920s and 30s, and has concerned the performance of the Soviet Union in the 1950s and the mixed development in the 1990s after communism collapsed in Central and...

This paper explores foreign engagements of socialist enterprises in non-socialist countries during the late stage of socialism in Central Europe. It shows that, contrary to popular belief, phenomena such as Foreign Direct Investment (FDI) and Multinational Enterprises (MNEs) were relevant in the...

Dieser Beitrag rezensiert den außerordentlich lesenswerten Sammelband, den Richard Sturn unter dem Titel „Joseph Schumpeter und der Staat“ in der Nomos-Reihe „Staatsverständnisse“ herausgegeben hat. Zugleich wird herausgearbeitet, dass die Schumpeter Rezeption vor einer groflen...

Interest in socialism is growing throughout the world. But "socialism" too often simply means belief in equality, democracy, and solidarity with working and oppressed people. That vision remains crucial; but we also need to re-develop the theory of a socialist system -not just a middle path, a...

Operating through digital platforms, the digital economy has flourished, becoming the core driver and new motive force of economic growth and demonstrating its advantages in terms of scale, effectiveness, and penetration. Nevertheless, the digital economy, as an important element in the...

Auf Inflation mit politischen Maßnahmen zur Stimulierung der Nachfrage zu reagieren, wirft Fragen auf, insbesondere wenn einflussreiche zeitgenössische Ökonomen wie Hans Werner Sinn dies unterstützen, indem sie den Konsum als wachstumsschädlich und unnötig für die Wirtschaft bezeichnen....

This short paper presents the Marxian value theory and its contradiction. As an alternative Marginalism is introduced and it is shown that marginal cost is equal to the monetary expression of marginal labour value. Marginal labour value is proportional to the price

The unification of the East and West German states in 1990 initiated the integration of two distinct innovation systems. In this process, the poorly functioning socialist system of East Germany adopted the formal institutions and organization of West Germany, a western-style market economy. We...

This paper puts forward the ideology and social system of the political and economic main body of the community of human destiny in the future smart economic era, called “Intelligent Socialism”. This theory was first established for China, the only remaining true socialist country in the...

The intellectual competitors to liberalism that appeared in the late nineteenth century often failed to clearly differentiate themselves in popular and academic discourse. Progressivism and socialism both found foothold with promises to transform the economy and society via an activist state;...

In The Road to Serfdom F. A. Hayek set out the danger posed to freedom by attempts to apply the principles of wartime economic and social planning to the problems of peacetime. Hayek argued that the rise of Nazism was not due to any character failure on the part of the German people, but was a...

The Sozialdemokratische Partei Deutschlands (SPD) is often proposed as a pre-Soviet popularizer of Marxist economic theories due to its electoral successes in Germany in the decades before World War I. Using the Synthetic Control Method (SCM), we examine whether German-language print references...

The Russian Revolution of 1917 marked the inception of the Union of Soviet Socialist Republics (USSR) as a self-proclaimed socialist state. However, the gap between the stated ideology and the actual practices of the Soviet Union led to a paradox regarding the nature of its socioeconomic system....

This is the first study of bread regulation in a post-World War II democratic country. Under Israel’s Labor Socialist regime, bread was mostly privately supplied. In setting prices, policymakers faced tradeoffs between producer profits/viability of small-scale producers and consumer welfare,...

This paper provides a comprehensive discussion of Mikhail Tugan-Baranovsky’s 1916 seminal study about the working of cooperatives in a capitalist environment, which, due to historical and linguistic circumstances, has left only a limited trace in the subsequent economic literature in the...

Research on the political and social impacts of financial crises has focused chiefly on free market economies, hindering our understanding of their effects in other settings. We exploit an episode of a financial crisis that hit the Israeli kibbutzim to study its impact in a socialist context....

This paper examines the consequences of a government mimicking the policy of its competitor by studying the introduction of the welfare state in 19th century Germany. The reform conducted by the conservative government targeted blue-collar workers and aimed to reduce the success of the socialist...

Thomas Piketty is the most politically and economically important participant in the ongoing debate about the deleterious effects of income and wealth inequality. The article analyses his arguments carefully because they give Marxists an opportunity to intervene in a mainstream...

This article uses the example of the far-right blog Sezession to examine the particular significance of German history for the authors and the way in which it is used for right-wing political argumentation. With the help of a content analysis approach, 111 articles were examined and it was...

Purpose - Expanding and developing the theoretical implications of socialist market economy with China's experience. Design/methodology/approach - In the course of exploring the development of a market economy, China has given full play to the advantages of the socialist system, which has...

Purpose - The socialist political economy with Chinese characteristics is a systematic economic discipline, which theoretically summarises the socialist economic system and the path of economic development with Chinese characteristics. It is a systematic economic theory of adapting Marxism to...

Purpose - In the new development stage of comprehensively building a socialist modern state, it is imperative to adhere to the guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, comprehensively summarize China's practical experiences in economic development,...