Market and Plan under Socialism: The Bird in the Cage

Thursday, January 1, 1987

In this volume the author provides an analysis of the centrally planned, socialist state economies and their common percentage in the Stalinist Plan introduced in the Soviet Union in the late 1920s. Prybyla first explores the "neoclassical" plan in two variants (conservative and liberal), the "radical" plan (Maoplan), and the Yugoslav experiment (neomarket Yugoplan). He then examines specific countries as their governments search for alternative solutions to the economic problems that plague them. His dynamic presentation of the economic models clearly shows the transformation of the original Stalinist model, reveals the obstacles to reform created by the structural problems that exist within these economies, and demonstrates that inherent deficiencies within the systems must, in time, affect growth and balance.

Prybyla notes the apparent unwillingness or inability thus far of the governments of the various Soviet states to apply reform measures. He effectively argues that economic pressures will eventually force increased privatization and marketization to become dominant if these governments are to increase productivity, efficent allocation of resources, and technical innovation.

Copyright 1987.