The End of Socialism explores the difficulties socialism faces and examines the extent to which its moral ideals can guide policy.

The failure of command central planning in the twentieth century has led to a general disillusionment within the socialist movement worldwide. Some alternatives to capitalism have been proposed since the end of the Cold War, but none has offered an alternative form of economic calculation. This book explains how modern information technology may be used to implement a new method of economic calculation that could bring an end to capitalism and make socialism possible. In this book, the author critically examines a number of socialist proposals that have been put forward since the end of the Cold War. It is shown that although these proposals have many merits, their inability effectively to incorporate the benefits of information technology into their models has limited their ability to solve the problem of socialist construction. The final section of the book proposes an entirely new model of socialist development, based on a "needs profile" that makes it possible to convert the needs of large numbers of people into data that can be used as a guide for resource allocation. This analysis makes it possible to rethink and carefully specify the conditions necessary for the abolition of capital and consequently the requirements for socialist revolution and, ultimately, communist society. Information Technology and Socialist Construction will be of interest to students and scholars of political economy, the history of economic thought, labour economics and industrial economics.

"The search for the Promised Land took socialists in diverse directions: revolution, communes and kibbutzim, social democracy, communism, fascism, Third Worldism. But none of these paths led to the prophesied utopia. Nowhere did socialists succeed in creating societies of easy abundance or in midwifing the birth of a "New Man," as their theory promised. Some socialist governments abandoned their grandiose goals and satisfied themselves with making slight modifications to capitalism, while others plowed ahead doggedly, often inducing staggering human catastrophes. Then, after two hundred years of wishful thinking and fitful governance, socialism suddenly imploded in the 1990s in a fin du siecle drama of falling walls, collapsing regimes and frantic revisions of doctrine."--BOOK JACKET.

Argues that the same impulse for control that governed the Soviet Union is present in the American health care and educational systems and that socialism can never work because of human nature.

Is socialism morally superior to other systems of political economy, even if it faces practical difficulties? In The End of Socialism, James R. Otteson explores socialism as a system of political economy - that is, from the perspectives of both moral philosophy and economic theory. He examines the exact nature of the practical difficulties socialism faces, which turn out to be greater than one might initially suppose, and then asks whether the moral ideals it champions - equality, fairness, and community - are important enough to warrant attempts to overcome these difficulties nonetheless, especially in light of the alleged moral failings of capitalism. The result is an examination of the 'end of socialism', both in the sense of the moral goals it proposes and in the results of its unfolding logic.

Argues against the assertion that there is no alternative to neo-liberalism.

In Remains of Socialism, Maya Nadkarni investigates the changing fates of the socialist past in postsocialist Hungary. She introduces the concept of "remains"—both physical objects and cultural remainders—to analyze all that Hungarians sought to leave behind after the end of state socialism. Spanning more than two decades of postsocialist transformation, Remains of Socialism follows Hungary from the optimism of the early years of transition to its recent right-wing turn toward illiberal democracy. Nadkarni analyzes remains that range from exiled statues of Lenin to the socialist-era "Bambi" soda, and from discredited official histories to the scandalous secrets of the communist regime's informers. She deftly demonstrates that these remains were far more than simply the leftovers of an unwanted past. Ultimately, the struggles to define remains of socialism and settle their fates would represent attempts to determine the future—and to mourn futures that never materialized.