Chapter

Employment and Wages

János Kornai

in The Socialist System

Published in print May 1992 | ISBN: 9780198287766
Published online November 2003 | e-ISBN: 9780191596551 | DOI: http://dx.doi.org/10.1093/0198287763.003.0010

Series: Clarendon Paperbacks

 Employment and Wages

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A survey is made of the allocation of labour under classical socialism. This looks at the characteristics of labour allocation in the short and long term, and the behaviour of those taking part in short‐term labour allocation and their relations to each other. The different sections of the chapter discuss the road to full employment; the development of chronic labour shortage; direct bureaucratic control of employment and wages; employer–employee relations in the factory; and bureaucratic and market influences on wages.

Keywords: bureaucratic control; classical socialism; employer–employee relations; employment; full employment; labour allocation; labour shortage; market influences; socialist systems; wages

Chapter.  10724 words.  Illustrated.

Subjects: Economic Systems

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