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Why Perestroika Failed Hardcover – February 19, 1993

4 out of 5 stars 1 customer review

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Editorial Reviews

Review

"Peter Boettke's book is one of the few in which an economist deploys his own disciplines in that fuller context [to address the structural problems of the Soviet system]."
-"The Times Literary Supplement
"This is a well-written and occassionaly polemical analysis of what was wrong with Marx's vision of socialism and with its "Soviet" version, and of the attempts to reform the system, plus some guidelines as to how to achieve a rapid transition to capitalism. . . Many times Boettke hits his target with precise effect. Thus he correctly stresses the utopian elements in Marx's vision of socialism, the irrationalities and distortions typical of the traditional Soviet system, as well as the contradictions which accompanied the attempts to reform it under Gorbachev."
-"Review of Political Economy
"An excellent analysis of the failure of the ACE [Administrative Command Economy] in general, and perestroika in particular, drawing on many insights from Austrian economics and public choice theory."
-Edwin G. Dolan, University of Glasgow
"Within the recent wave of reflection on "perestroika Boettke's book is among those with the highest theoretical ambitions. . . The book is inspired by the HUme-Hayek tradition, which is extremely well applied in the explanations of the structural weaknesses "perestroika failed to overcome. "Perestroika did not bring changes in institutional rules which would allow experiments in social organization that are seen as basic requirements of any sustainable economic system. . .Whether you agree or disagree with the arguments the book gives an excellent and consistent view on the topic."
-"Europe-Asia Studies

About the Author

Peter J. Boettke is Assistant Professor of Economics at New York University, the author of "The Political Economy of Soviet Socialism: The Formative Years, 1918-1928" and "Why Perestroika Failed", as well as editor of the "The Elgar Companion of Austrian Economics". He was previously a National Fellow at the Hoover Institution on War, Revolution, and Peace.
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Product Details

  • Hardcover: 208 pages
  • Publisher: Routledge; 1 edition (February 19, 1993)
  • Language: English
  • ISBN-10: 0415085144
  • ISBN-13: 978-0415085144
  • Product Dimensions: 5.5 x 0.6 x 8.5 inches
  • Shipping Weight: 12.5 ounces (View shipping rates and policies)
  • Average Customer Review: 4.0 out of 5 stars  See all reviews (1 customer review)
  • Amazon Best Sellers Rank: #3,444,907 in Books (See Top 100 in Books)

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By David Mitchell on June 11, 2012
Format: Hardcover
This is a great book. In telling the story of Perestroika Boettke talks about the failure of communism and central planning. He also talks about why and how communism was able to last for as long as it did. The book is deep and full of broad knowledge. There is a lot of sociology. There's even a bit of anthropology in that parts of it remind me of Hedrick Smith's _The Rusians_.

It isn't worth $185. Routledge, like Edward Elgar, always charges way too much for these things.
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