The Rediscovery of Economics

Robert W. Campbell
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Robert W. Campbell: Indiana University

Chapter 7 in Soviet-Type Economies, 1974, pp 173-200 from Palgrave Macmillan

Abstract: Abstract The bosses of the socialist economic systems had arrived by the Sixties at a point at which they were ready to consider reform seriously. Concern about economic performance — whether in terms of growth, innovation, the multiplication of objectives, or a desire to humanize socialism — made them willing to question some basic features of the model and to consider changing them. The function of the remaining chapters is to ask several related questions about the reform of the model that had evolved under Stalin and that had for so long been identified with socialist planning. What does reform involve? What concrete efforts have been made so far to change economic policies and institutions? What is the future shape of socialism toward which these reforms are tending?

Keywords: Payoff Period; Linear Programming Problem; Final Demand; Machine Type; Shadow Prex (search for similar items in EconPapers)
Date: 1974
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-15532-3_7

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DOI: 10.1007/978-1-349-15532-3_7

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