From Marx to the market : socialism in search of an economic system

Bibliographic Information

From Marx to the market : socialism in search of an economic system

Włodzimierz Brus and Kazimierz Laski

(Clarendon paperbacks)

Clarendon Press , Oxford University Press, 1991, c1989

  • : pbk

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Includes index and bibliographical references

Description and Table of Contents

Description

BL With a new preface by the authors This is an important work of original scholarship by two of the most distinguished East European economists now working in the West. The authors, both of whom were involved in the Planning Office of the Polish economy in the 1950s and 1960s, present here the results of their efforts to develop theoretically a system of economic management which could in practice avoid the worst excesses of both market capitalism and central planning. The conclusions derived from this analysis are shown to open up a new dimension to the `socialism versus capitalism' controversy which has dominated much of the world throughout the twentieth century and which is especially significant as the countries of East and Central Europe re-structure their economies.

Table of Contents

  • Preface
  • Part I: Marxist socialism - the promise: The claim to economic rationality
  • Part II: Real socialism - the disappointments: The historical regularity in reverse
  • The objective of catching-up
  • The command system
  • Part III: Market socialism - the problems so far: The theoretical response to challenge
  • The Hungarian practice
  • Central planning with regulated market - the flawed model
  • The Yugoslav lessons
  • Part IV: Market socialism - the problems ahead: The capital market and the problem of full employment
  • The question of ownership
  • Concluding remarks
  • Notes
  • Index

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