Collapse Sidebar

Students / Subjects


Experimenters
Email:

Password:


Forgot password?

Register

Cataloged Resource Summary

 

Title

Socialism

Author

Robert Heilbroner

Category

Economic Systems

Type

Article

Description

Socialism- defined as a centrally planned economy in which the government controls all means of production- was the tragic failure of the twentieth century. This article discusses the birth of socialist planning, the problems that emerged as a result of socialism, and socialist planning in Western eyes.

URL

http://www.econlib.org/library/Enc/Socialism.html
Copyright 2006 Experimental Economics Center. All rights reserved. Send us feedback