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ON SOME ISSUES IN THE THEORY OF THE ‘SOCIALIST ECONOMY' *
Author(s) -
Spulber Nicolas
Publication year - 1972
Publication title -
kyklos
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.766
H-Index - 58
eISSN - 1467-6435
pISSN - 0023-5962
DOI - 10.1111/j.1467-6435.1972.tb01078.x
Subject(s) - socialism , socialist economics , soviet union , economic system , transition (genetics) , market socialism , key (lock) , planned economy , economics , political science , political economy , neoclassical economics , economy , communism , law , ecology , biochemistry , chemistry , politics , biology , gene
SUMMARY A number of debates have taken place among Western economists about efficient allocation under ‘socialism’, interplay of objectives and controls under alternative modes of socialist organization’, and about ways of classifying ‘socialist’ changes and transitions. The paper presents the main thrusts of these debates and examines various interpretations of the concept of a ‘socialist economy’ including those originating in the Soviet Union and Eastern Europe. The study is comprised of three parts. The first considers the attempts to define polar types of ‘socialist organization’. The second discusses efforts to ascertain the rationale of socialist changes and to determine the direction of such changes. The third examines the key problems involved in the transition from one system to another.