Preface -- Preface to the paperback edition -- Contents -- Part I: Marxist Socialism the Promise -- 1 The Claim to Economic Rationality -- Part II: Real Socialism the Disappointments -- 2 The Historical Regularity in Reverse -- 3 The Objective of Catching Up -- 4 The Command System -- Part III: Market Socialism the Problems So Far -- 5 The Theoretical Response to Challenge -- 6 The Hungarian Practice -- 7 Central Planning with Regulated Market the Flawed Model -- 8 The Yugoslav Lessons -- Part IV: Market Socialism the Problems Ahead
9 The Capital Market and the Problem of Full Employment10 The Question of Ownership -- 11 Concluding Remarks -- Notes -- Index
Summary
This work by two economists who were involved as experts in the reform of the Polish economy in the 1950s and 1960s present the results of their efforts to develop in theory an economic system which could avoid the worst excesses of both capitalism and central planning
Analysis
Socialism Economics
Bibliography
Includes bibliographical references (pages 153-168) and index
