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The Socialist SystemThe Political Economy of Communism$
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Janos Kornai

Print publication date: 1992

Print ISBN-13: 9780198287766

Published to Oxford Scholarship Online: November 2003

DOI: 10.1093/0198287763.001.0001

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Employment and Wages

Employment and Wages

(p.203) 10 Employment and Wages
The Socialist System

János Kornai (Contributor Webpage)

Oxford University Press

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

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