In his book The Economics of Feasible Socialism Alec Nove criticizes the methods of Marxist economics, as misleading or irrelevant for the task of building socialism, and rejects the goal of Marxist politics โ socialism without commodity production โ as impossible of realization. Any effective answe
crisis in socialist planning
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In recent years, a formidable gulf has opened up between planning theory and practice. Over the past four decades, planning academics have developed strong theories and created models to accompany and elucidate the planning process. However, many planning practitioners have resisted the notion that
This study of economic reforms throughout Eastern Europe covers the history of attempts at decentralization. The book: * Describes the centralized model and compares its requirements with the realities of socialist countries * Discusses the economic policies of the post-Stalinist period * Examines t
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Socialist planning played an enormous role in the economic and political history of the twentieth century. Beginning in the USSR it spread round the world. It influenced economic institutions and economic policy in countries as varied as Bulgaria, USA, China, Japan, India, Poland and France. How did