The 21st century: Is there an alternative (to socialism)? (Record no. 101077)

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fixed length control field 01398pab a2200169 454500
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 180718b2013 xxu||||| |||| 00| 0 eng d
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Li, Minqi
245 ## - TITLE STATEMENT
Title The 21st century: Is there an alternative (to socialism)?
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Date of publication, distribution, etc. 2013
300 ## - PHYSICAL DESCRIPTION
Extent p.10-43.
362 ## - DATES OF PUBLICATION AND/OR SEQUENTIAL DESIGNATION
Dates of publication and/or sequential designation Jan
520 ## - SUMMARY, ETC.
Summary, etc. In the light of the great capitalist failures over the past two decades, it is necessary to reevaluate both the historical performance of, and historical justification for, socialism. Even if one follows the logic of mainstream economic theory, there is no clear theoretical case why socialism is necessarily inferior to capitalism. There is no clear evidence that the socialist economies performed worse than the capitalist economies in term of economic growth. But there is evidence that the socialist economies met the population's basic needs better than the capitalist economies, especially with countries in the periphery and semi-periphery included in the comparison. In the 21st century, the historical task of socialism is no longer about how to successfully compete against capitalism in the capitalist world system. Instead, as capitalism ceases to be a viable historical system, socialism may prove to be the only viable solution to the fundamental crisis confronting humanity. - Reproduced.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Socialism
773 ## - HOST ITEM ENTRY
Main entry heading Science and Society
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Put command parameter N
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-- 101078
Holdings
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        Indian Institute of Public Administration Indian Institute of Public Administration 2018-07-19 Volume no: 77, Issue no: 1 AR101538 2018-07-19 2018-07-19 Articles

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