The socialist state in Hayek’s and Schumpeter’s views Cover Image

Państwo socjalistyczne w poglądach Hayeka i Schumpetera
The socialist state in Hayek’s and Schumpeter’s views

Author(s): Urszula Zagóra-Jonszta
Subject(s): Economy, Business Economy / Management
Published by: Wydawnictwo Naukowe Uniwersytetu Szczecińskiego
Keywords: Hayek; Schumpeter; socialism

Summary/Abstract: The article presents the position of two Austrian economists: Friedrich August von Hayek and Joseph Alois Schumpeter about the functioning of the socialist state. Both were supporters of the capitalist economy, but Hayek strongly denied the rationality of the socialist state. Schumpeter saw the disadvantages of capitalism, he saw the functioning possibility of a socialist economy using an economic calculation.

  • Issue Year: 2018
  • Issue No: 51/3
  • Page Range: 325-334
  • Page Count: 10
  • Language: Polish
Toggle Accessibility Mode