Since 1989, the postcommunist societies of Eastern Europe have been subject to policy advice and political and economic pressure which assumes that the development of 'free market' economies is the best route to economic growth and prosperity. The contributors to this volume take issue with this proposition. Though working from different theoretical perspectives, with different interests, they collectively argue that there are better ways to build dynamic and prosperous industrial economies in Eastern Europe than encouraging the respective societies of the region to ape the contents and swallow the myths of the Anglo-American form of capitalism. The contributors to this volume are among the leading authorities on economic transformation in Eastern Europe.

This distinctive book presents valuable new research on the political and economic elites that have emerged in Central and Eastern Europe since the demise of state socialism. Integrating theoretically informed analysis with fresh empirical data, the contributors significantly enhance our understanding of the evolution and interplay of elites in the post-communist period. Leading experts explore the elite circulations, differentiations, and competitions that now underpin but in some countries also still inhibit democratic stability and economic growth. A provocative concluding chapter assesses the century-long confrontation between elite theory and Marxism and where they stand today, after state socialismOs collapse.