ALIENATION AND THE SOVIET ECONOMY : Collapse of the Socialist Era : With a New Introduction : Independent Studies in Political Economy /Foreword by Aaron Wildavsky
Language: English Publication details: London Holms and Meier 1990/01/01Edition: 1Description: 123ISBN:- 0841912475
- 335.40947 ROB/AL
Item type | Current library | Collection | Call number | Status | Date due | Barcode | |
---|---|---|---|---|---|---|---|
Reference | Ernakulam Public Library Reference | Reference | 335.40947 ROB/AL (Browse shelf(Opens below)) | Not for loan | E198149 |
The first edition of this seminal book in 1971 pointed out the fatal defects of Marxist theory that would lead to the collapse of the Soviet economy. In this revised edition, Paul Craig Roberts examines how reality triumphed over Marxist theory and the implications for the future of Russia and eastern Europe. In 1971, Roberts created a firestorm among professional Sovietologists by proclaiming that the economies of the USSR and its East Bloc allies were doomed because their "planned" economies were, in reality, anything but planned. Expanding on his original ideas, Roberts demonstrates in this book the fatal shortcomings of Marxist economies, ranging from misallocation of resources to ersatz capitalistic concepts grafted onto a system that calls for production without regard to profit. Roberts argues that the economies of the nations emerging from the USSR's collapse must grasp the profound truths in this book if they are to become viable.
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