Socialism with a Human Face
Using Behavioural Economics to Understand East German Economic History
Wayne Geerling author Gary B Magee author
Format:Hardback
Publisher:Springer Verlag, Singapore
Published:1st Apr '22
Should be back in stock very soon
This hardback is available in another edition too:
- Paperback£99.99(9789811906664)
East Germany’s economic history is typically told as a story of the unravelling of an inherently flawed system. Yet, while the system’s inefficiency is undeniable, its economic history was much richer than its comparatively poor economic performance suggests. For many who lived there, it was a system that, over its forty years, was capable of achievements and generally functioned at bearable levels. This book combines the insights of behavioural economics with archival research to peel away layers of rhetoric and assumptions about the East German economy and explore aspects of that underlying functionality.
Through a series of cases studies that examine the establishment of socialist workplaces, the searches for productivity growth and efficiency, and the emergence of financial crisis, the book considers the system from the perspective of the humans who operated it and made the decisions that made it work. Unencumbered by political preconceptions, it offers a more realistic understanding of East German economic history than that derived from stagnant debates about the clash of systems. The new perspectives and approaches presented demonstrate that, extracted from its Cold War context, East Germany’s economic history can be analysed for what it was, rather than for what it symbolised.ISBN: 9789811906633
Dimensions: unknown
Weight: unknown
356 pages
1st ed. 2022