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The Socialist System
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The Socialist System : The Political Economy of Communism

Book Details

Format Paperback / Softback
ISBN-10 0198287763
ISBN-13 9780198287766
Publisher Oxford University Press
Imprint Oxford University Press
Country of Manufacture GB
Country of Publication GB
Publication Date May 28th, 1992
Print length 676 Pages
Weight 1,032 grams
Dimensions 23.50 x 15.80 x 3.40 cms
Ksh 13,600.00
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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.
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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