Distinguished economists Brus and Laski--who were involved with the Planning Office of the Polish economy in the 1950s and 1960s--here develop a theoretical system of economic management which avoids the failings of both market capitalism and central planning. This book examines Marxists claim to socialism's economic rationality and studies the application of the concept in the "real socialism" of Communist party orthodoxy as well as in the tentative attempts at "market socialism", particularly in Hungary and Yugoslavia. The analysis focuses on general features of the evolution of the socialist economic system, but national experiences are used to point out the advances that have been made and the flaws in the theoretical models that have been developed.
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Book Description
Editorial Reviews
Review
'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
'The analysis presented in the book is highly penetrating. It remains of immediate practical relevance despite the acceleration in the pace of systematic change in Eastern Europe over the last year.' Antoni Chawluk, University of St. Andrews, Scottish Journal of Political Economy
`This book is a welcome addition to the literature on Eastern European economies in particular, and the notion of an "economically feasible socialism" in general. It is well written and concise, with just enough background information on the history of economic development in Eastern Europe to prepare the reader for the authors' new contributions.' The Polish Review
'The analysis presented in the book is highly penetrating. It remains of immediate practical relevance despite the acceleration in the pace of systematic change in Eastern Europe over the last year.' Antoni Chawluk, University of St. Andrews, Scottish Journal of Political Economy
`This book is a welcome addition to the literature on Eastern European economies in particular, and the notion of an "economically feasible socialism" in general. It is well written and concise, with just enough background information on the history of economic development in Eastern Europe to prepare the reader for the authors' new contributions.' The Polish Review
About the Author
Wlodzimierz Brus is at St Antony's College. Kazimierz Laski is at Johann Kepler University of Linz.
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- Transforming Mozambique: The Politics of Privatization, 1975-2000 (African Studies) by M. Anne Pitcher on page 71, and Back Matter
- Contemporary Economic Systems: A Regional and Country Approach by Nicholas V. Gianaris in Back Matter (1), and Back Matter (2)
- Economic Thought in Communist and Post-Communist Europe (Routledge Studies in the History of Economics) by Hans-Jurgen Wagener on page 29, and page 206
- Market Socialism or the Restoration of Capitalism? (International Council for Central and East European Studies) by Anders Aslund on page 15, and page 29
- Manager Empowerment in China: Political Implications of Rural Industrialisation in the Reform Era (Routledge Studies on China in Transition) by Ray Yep in Back Matter
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