The Transformation of Communist Systems: Economic Reform Since the 1950s (Hardcover)

The Transformation of Communist Systems: Economic Reform Since the 1950s By Bernard Chavance, Charles Hauss, Mark Selden Cover Image
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In the confrontation between the two main economic systems that has marked the twentieth century, capitalism has been declared the winner-by default- over its adversary, socialism. Today, establishing a market economy has become the primary goal of the formerly socialist countries. The history of economic reform helps explain this remarkable turning point. Attempts to improve the old centralized system by expanding enterprise autonomy (in Poland, the Soviet Union, and East Germany) and more radical reforms that limited the role of central planning (in Yugoslavia, Czechoslovakia, Hungary, and China) encountered social and political obstacles or had unexpected and undesired effects. During the 1980s, the idea of a socialist market economy, which had been seen as a "third way" between capitalism and centralized socialism, was abandoned as economists gradually came to support a free market rather than the dogma of planning. Through a comparative and historical analysis of change in socialist and post-socialist systems, this timely and original book clarifies the policies and pitfalls in this extraordinary transition. Bernard Chavance provides a succinct introduction and analysis of the politics and economics of Eastern Europe from the creation of the Stalinist system in the Soviet Union through what he argues have been three major waves of reform since the 1950s to the dismantling of most socialist governments in the 1990s. Exploring the link between the one-party regime and the growing rigidity of socialist economic systems, the author analyzes the failure of both incremental and radical reforms to adapt to new economic challenges, thus leading to the ultimate collapse of communist regimes in Europe.

About the Author

Bernard Chavanceis associate professor at the University of Paris VII. Charles Hauss teaches in the Public and International Affairs Department of George Mason University.

Product Details
ISBN: 9780367296650
ISBN-10: 0367296659
Publisher: Routledge
Publication Date: May 7th, 2019
Pages: 225
Language: English