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The Socialist System - The Political Economy of Communism (Paperback)
Loot Price: R1,976
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The Socialist System - The Political Economy of Communism (Paperback)
Series: Clarendon Paperbacks
Expected to ship within 12 - 17 working days
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This book provides a comprehensive account of the structure,
conduct, and performance of the centrally planned economies of
Eastern Europe, the USSR, Communist China and the Marxist LDCs,
looking at 26 nations in all. The author focuses on reform, perhaps
the most important issue facing countries such as the USSR, Poland,
Hungary, and China. Bureaucracy, soft budget constraints, markets,
and the nature of the socialist state are the central issues that
arise in the course of reforming a socialist economy. The first
half of the book deals with 'classical socialism' and provides a
theoretical summary of the main features of a now closed period of
history. The second half deals with the processes of reform and
concludes that the reform of classical socialist systems is doomed
to failure as they are unable to renew themselves internally.
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