Categories
Exam Questions Harvard Socialism Suggested Reading Syllabus

Harvard. Economics of Socialism. Outline, Readings, Final Exam. Schumpeter, 1949

 

This post provides the course outline, reading assignments and final exam for Joseph Schumpeter’s Economics of Socialism from the last time he taught the course (he died January 8, 1950).

______________________

Transcriptions of socialism course materials à la Harvard

Socialism. (Ec 111) taught by O.H. Taylor in 1954-55.

Economics of Socialism (Ec 111) taught by Taylor in 1952-53

Economics of Socialism (Ec 111) taught by Schumpeter, Taylor with lectures by Gerschenkron and Galenson in 1949-50.

Economics of Socialism (Ec 11b) taught by Schumpeter in 1945-46

Economics of Socialism (Ec 11b) taught by Schumpeter in 1943-44

Economics of Socialism (Ec11b) taught by Sweezy in 1939-40

Economics of Socialism (Ec11b) taught by Mason and Sweezy in 1937-38

Programs of Social Reconstruction  (Ec 7c) taught by Mason  in 1933

Economics of Socialism, Anarchism and the Single Tax  (Ec 7b) taught by Carver  in 1920

Socialism and Communism (Ec 14) taught by Carver and Bushnee in 1901-02

Socialism and Communism (Ec 14) taught by Edward Cummings. Exams from 1893-1900.

______________________

Course Enrollment

[Economics] 111b (formerly Economics 11b). Economics of Socialism (Sp). Professor Schumpeter.

Total 72: 16 Graduates, 20 Seniors, 21 Juniors, 7 Sophomores, 8 Radcliffe.

Source: Harvard University. Report of the President of Harvard College, 1948-49, p. 76.

_________________________

Economics 111b
Spring 1949
Outline and Assignments

After an introduction that is to cover briefly the development of pre-Marxist socialist thought (one week), Marxist and neo-Marxist sociology and economics will be discussed (five weeks). Then the modern theory of centralist socialism will be developed (four weeks). Finally, the problems of imperialism, revolution, and transition and the actual situation and prospect of socialist groups will be touched upon (two weeks).

  1. Pre-Marxist Socialist Thought

Assignment: H. W. Laidler, Social-Economic Movements, Parts I and II.

  1. Marxist Sociology and Economics

M. M. Bober, Karl Marx’s Interpretation of History, 2nd edition 1948, Part I, Chapter 6; Part IV.
Karl Marx, Capital (Modern Library Edition), Volume I, Chs. 1, 4, 5, and 6.
P. M. Sweezy, The Theory of Capitalist Development, Chs. II-XII.
M. Dobb, Political Economy and Capitalism, Chs. I and IV.

  1. The Modern Theory of Centralist Socialism.

A. P. Lerner, Economics of Control, 1944, Chs. V-XIV.
Meade and Fleming, “Price and Output Policy of State Enterprise,” Economic Journal, 1944.
Abram Bergson, Structure of Soviet Wages, Ch. II:
M. Dobb (as above) Ch. VIII (with Appendix).

  1. Imperialism; the State and the Revolution; Problems of Transition.

M. Dobb (as above) Ch. VII.
Lenin, State and Revolution, 1926.

Suggestions:
Lenin, What is to be Done?
P. M. Sweezy, (as above) Chs. XIII-XIX.

Reading Period: Evolutionary Socialism, 1909.

Source: Harvard University Archives. Syllabi, course outlines and reading lists in Economics, 1895-2003. Box 4, Folder “Economics 1948-49 (1 of 2)”

_________________________

1948 –49
Harvard University
Economics 111b
[Final Examination]

Answer five out of seven questions. At least two must be chosen from group I.

I

  1. Discuss Marx’s theory of cycles, organizing your answer around the following foci:
    1. falling tendency of the rate of profit
    2. the reserve army of unemployed
    3. capital accumulation and replacement cycles.
  2. What was Bernstein’s point of view about the breakdown of capitalism? What was the significance of the controversy for Marxist economics?
  3. Discuss the economic aspects of the proportions in which factors are combined in a centrally directed economy with reference to marginal substitution, indivisibilities, and pricing.

II

  1. What was the tactical significance of three of the following issues that arose within the 2nd International:
    1. Millerandism
    2. Revisionism
    3. participation in the World War
    4. timing and leadership of revolution (Lenin)
  2. Discuss the dependence, if any, of Marxian economics on Marxian sociology.
  3. Describe the role of the rate of interest in the allocation of resources between present consumption and investment for future production in a socialist economy.
  4. Discuss the rule that prices should equal marginal cost with special reference to intervals of increasing and decreasing costs.

 

Source: Harvard University Archives. Harvard University, Final examinations 1853-2001. Box 16. Papers Printed for Final Examinations [in] History, History of Religions, …, Economics, …, Military Science, Naval Science. June, 1949.

Image Source: Harvard Classbook 1947.