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Product details:
- Publisher Clarendon Press
- Date of Publication 11 April 1991
- ISBN 9780198283997
- Binding Paperback
- No. of pages184 pages
- Size 233x156x11 mm
- Weight 335 g
- Language English
- Illustrations 1 line drawing, 1 table 0
Categories
Short description:
This book is highly relevant to current debates on market socialism and to the continuing problems of Eastern European countries as they reform their economies. It is a work of original scholarship by two economists who were involved as experts in the reform of the Polish economy in the 1950s and 1960s. Here they present the results of their efforts to develop in theory an economic system which could avoid the worst excesses of both capitalism and central planning.
MoreLong description:
BL With a new preface by the authors
This is an important work of original scholarship by two of the most distinguished East European economists now working in the West. The authors, both of whom were involved in the Planning Office of the Polish economy in the 1950s and 1960s, present here the results of their efforts to develop theoretically a system of economic management which could in practice avoid the worst excesses of both market capitalism and central planning.
The conclusions derived from this analysis are shown to open up a new dimension to the `socialism versus capitalism' controversy which has dominated much of the world throughout the twentieth century and which is especially significant as the countries of East and Central Europe re-structure their economies.
'the enormous experience of the authors and the intellectual quality of their analysis make it a book which deserves to last'
William Outhwaite, University of Sussex, Political Studies, Volume XXXIX Number 1 March 1991
Table of Contents:
Preface; Part I: Marxist socialism - the promise: The claim to economic rationality; Part II: Real socialism - the disappointments: The historical regularity in reverse; The objective of catching-up; The command system; Part III: Market socialism - the problems so far: The theoretical response to challenge; The Hungarian practice; Central planning with regulated market - the flawed model; The Yugoslav lessons; Part IV: Market socialism - the problems ahead: The capital market and the problem of full employment; The question of ownership; Concluding remarks; Notes; Index
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