Market Socialism or the Restoration of Capitalism?

doi:10.1017/CBO9780511559600

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Nuti, Domenico Mario 2023. Collected Works of Domenico Mario Nuti, Volume II. p. 131.

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Edited by Anders Aslund

Publisher:: Cambridge University Press
Online publication date:: August 2010
Print publication year:: 1991
Online ISBN:: 9780511559600
DOI:: https://doi.org/10.1017/CBO9780511559600

Subjects:: Economics, Area Studies, Economic Theory, European Studies, European Government, Politics and Policy
Series:: International Council for Central and East European Studies

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When East European communism collapsed in the revolutions of 1989, the newly liberated countries discarded socialism altogether. For the first time, most of Eastern Europe experienced free elections and a multitude of parties, mostly with liberal, conservative or nationalist connotations, made their entry into political life. A bewildered world is now trying to imagine the future course of events. Has capitalism won or is something different emerging? Has market socialism vanished for good? How can the transitionary period be managed and what effect will it have on the standard of living in Eastern Europe? In this book, ten distinguished experts explore this transition to a market economy in Eastern Europe. Market Socialism or the Restoration of Capitalism? presents a collection of thought-provoking articles and will therefore be essential reading for all students and specialists of Soviet and East European studies, economics and politics.

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Market Socialism or the Restoration of Capitalism?

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Contents

Frontmatter
pp i-vi

Contents
pp vii-viii

Notes on contributors
pp ix-x

Introduction
pp 1-4

Part I - Market socialism revisited
pp 5-6

1 - The compatibility of planning and market reconsidered
pp 7-16

2 - Market socialism: the model that might have been but never was
pp 17-31

3 - Monetary-fiscal management for macroeconomic equilibrium and growth
pp 32-44

Part II - Economic thinking and policy-making
pp 45-46

4 - The possible new role of market and planning in Poland and Hungary
pp 47-66

5 - Rationalizing the centrally managed economy: the market
pp 67-91

6 - Changes in Soviet economic policy-making in 1989 and 1990
pp 92-120

7 - The restructuring of Soviet industrial ministries since 1985
pp 121-142

Part III - Effects of perestroika on Soviet life
pp 143-144

8 - Employment and the reallocation of labour in the USSR
pp 145-171

9 - Changes in income inequality in the USSR
pp 172-193

10 - Estonia's economic development 1940–1990 in comparison with Finland
pp 194-208

Index
pp 209-215

SELECTED PAPERS FROM THE FOURTH WORLD CONGRESS FOR SOVIET AND EAST EUROPEAN STUDIES, HARROGATE, JULY 1990
pp 216-216

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Market Socialism or the Restoration of Capitalism?

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