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Books > Social sciences > Politics & government > Political ideologies > Socialism & left-of-centre democratic ideologies
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Socialist Economies in Transition - Appraisals of the Market Mechanism (Hardcover)
Loot Price: R3,345
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Socialist Economies in Transition - Appraisals of the Market Mechanism (Hardcover)
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Socialist Economies in Transition provides a coherent critique of
economic reform in Eastern Europe which, it is argued, will create
not prosperity but high levels of unemployment and severe economic
dislocation. The authors show how the application of neoclassical
economic theory will, in reality, prove unsuccessful and explain
why, despite the revolutionary upheavals of 1989 and the immense
effort to discard the restraints of planning, the intuitive
mechanisms and practices of the free market have been so slow to
appear.This volume offers an alternative route to economic reform,
based on post Keynesian and Kaleckian traditions that combine
individual diversity with control over the key sectors of the
economy to maintain an acceptable level of stability and growth.
This exciting and provocative book will be essential reading for
all those concerned with the political economy of Eastern Europe.
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