LAW 9172
Capitalism and Socialism Seminar
Course Description
This course begins with an in-depth explication of the theory and practice of classical socialism (as defined by the Hungarian economist Janos Kornai) in countries such as the former Soviet Union, the PRC, the European Eastern block, Venezuela and selected African countries. It then explains the varieties of capitalism by comparing U.S. style capitalism with European and East Asian capitalist systems.
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