Show Less
You do not have access to this content

The Alternative Austrian Economics

A Brief History

John E. King

For most economists, ‘Austrian economics’ refers to a distinct school of thought, originating with Mises and Hayek and characterised by a strong commitment to free-market liberalism. This innovative book explores an alternative Austrian tradition in economics. Demonstrating how the debate on the economics of socialism began in Austria long before the 1930s, it analyses the work and impact of many leading Austrian economists through a century of Austrian socialist economics.
Show Summary Details
You do not have access to this content

Chapter 2: ‘Red Vienna’ and the roots of Austro-Marxism

John E. King

Extract

Chapter 2 describes the economic, political, cultural and intellectual background to the alternative Austrian economics, drawing on some of the huge literature on ‘Red Vienna’ before and after 1914. I set out the main principles of Austro-Marxism, emphasising both its similarities with and the significant differences from other versions of the Marxism of the Second International. I conclude the chapter by introducing the socialist participants in Eugen von Böhm-Bawerk’s famous graduate economics seminar, whose ideas are discussed in detail in the other chapters.

You are not authenticated to view the full text of this chapter or article.

Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.

Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.

Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.


Further information

or login to access all content.