ON SOME ISSUES IN THE THEORY OF THE ‘SOCIALIST ECONOMY'*

Nicolas Spulber

Kyklos, 1972, vol. 25, issue 4, 715-735

Abstract: 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.

Date: 1972
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