Perestroika and the limits of knowledge
Article Abstract:
Anatoly A. Sobchak's proposed plans for transition to a market economy are practical and specific, but some are premature and overly optimistic. Transition to a free market system such as that found in the West is not feasible at this time. Perestroika will have to develop largely by trial and error, but some general guidelines may help the Soviet economy. First, a public education program that shall remove biases against a liberal economy should be implemented. Second, a comprehensive constitutional mandate that protects private property should be enacted. Lastly, a rule of law that shall resolve private disputes should be enforced.
Publication Name: The Cato Journal
Subject: Political science
ISSN: 0273-3072
Year: 1991
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Economic reform: a great bubble or a faint chance to survive?
Article Abstract:
Five years of perestroika have not yielded a single development toward a market economy in the Soviet Union. Economic planners insist on introducing reforms within the socialist system which, in reality, is responsible for the destruction of enterprise and the productive groups of society. They see perestroika as a succession of reforms distributed throughout a period of time. Consequently, the economic structure remains monopolistic and the ruble remains inconvertible. The radical privatization of property and free markets alone can lift the Soviet economy from depression.
Publication Name: The Cato Journal
Subject: Political science
ISSN: 0273-3072
Year: 1991
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Economic and political perestroika
Article Abstract:
The reluctance of the Communist Party to concede power to the Soviets has restrained what could be radical changes in Soviet politics and economy. Economic reforms which pay lip service to worker autonomy and participation in management are tools to reinforce their hold on power. Further, Party agencies continue to wield real power, hence slowing down democratization. What is needed is true political reform which shall affirm the principles of democracy and rule of law, and radical economic reform that shall establish and encourage property ownership.
Publication Name: The Cato Journal
Subject: Political science
ISSN: 0273-3072
Year: 1991
User Contributions:
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