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The Economic Consequences of Socialism
Paperback
EconomicsGeneral Political ScienceSocial Movements
ISBN13: 9781025621487
Publisher: Tradd Street Press
Published: Feb 14 2026
Pages: 192
Weight: 0.61
Height: 0.41 Width: 6.14 Depth: 9.21
Language: English
The Economic Consequences of Socialism provides a rigorous examination of the practical and theoretical challenges posed by socialist economic systems. George Woolley Gough explores the fundamental tensions between socialist doctrine and the realities of market mechanics, production, and distribution. The work delves into the potential impacts of state-controlled economies on individual liberty, industrial efficiency, and national wealth.
Gough analyzes the mechanisms of capital, labor, and value, questioning whether a socialist framework can effectively manage the complexities of a modern economy without the guiding forces of competition and price signals. This volume serves as a critical contribution to the discourse on political economy, offering insights into the debates that shaped economic policy during the early 20th century. Readers interested in the history of economic thought, the evolution of political ideologies, and the classic arguments against collectivism will find this work to be a comprehensive and thought-provoking study. Gough's analytical approach makes The Economic Consequences of Socialism an essential resource for understanding the historical critique of socialist planning and its perceived consequences on society.
This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you may see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work.
This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.
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