Gorbachev′s book Perestroika is used to explain why the author believes the new policy of restructuring of the Soviet economy cannot and will not work. The policies of Perestroika are introduced and evaluated and the existing socio‐economic system presented. At the end of this sceptical...

Purpose - The aim of this article is to analyze and compare the share economy and the constitutionaleconomy approaches. The fact that numerous world-class multinationals have chosen to offer stockoptions to managers and bonus share incentives to employees denotes a realization that...

The failings of the new experiment launched in the Soviet Union between 1985‐1990 under the formula of glasnost and perestroika , are outlined and explained. As an alternative, one which if successful may lead to an “economic miracle” even greater than that of the recovery of Germany and...

Provides an overall assessment of problems and prospects for socialism (at a time of the abolition of the old Union of Soviet Socialist Republics and creation of a new “Commonwealth of Independent States”) by examination of three central themes. First, it is shown that because the old Soviet...

Addresses two major problems. Argues first that the Stalinist model of socio‐economic development, with its actual emphasis on production for the sake of production, has been Ricardian in its nature. As a result, its dominant features have been the sellers′ market of shortages. Maintains,...

Analyses the emergence of dialogue and dissent in Soviet society due to its decade‐long war in Afghanistan (1979‐89); the longest war in Soviet history. Included in the analysis are defence military posture in view of the military brutality, transfer of Soviet military practices to the...

Examines Gorbachev′s (1985‐1991) period of Soviet development as an exemplar of a self‐declared movement towards a more democratic and humane socialism. Gorbachev′s perestroika envisaged a fundamental structural and technological renovation of Soviet economy, reactivation of Soviet...