Reflections on Capitalism

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János Kornai

Gondolatok a kapitalizmusról 

Translated to Russian by O. Yakimenko; under scientific editing by D. Raskov. Moscow, Gaidar Institute Press, 2012. – 352 p.

ISBN 978-5-93255-344-2

In his latest book, the famous Hungarian economist and critic of the socialist economy – Janos Kornai-shares with readers thoughts about the nature of modern capitalism. The book includes four essays on various aspects and problems of modern capitalism: market functioning, innovation, employment and unemployment, distribution of benefits, and social solidarity. The author, who is well acquainted with post - socialist realities, focuses on the positive and negative sides of the capitalist system, addressing both specialists and anyone interested in modern Economics.