During the first decades of the 20th century, German Reformer Silvio Gesell (1862-1930) championed with a certain success the reforming wave of the epoch by complementing ingenious solutions to some of the most important economic issues of his time with theoretical insights that were as radical...

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...

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...

Examines critically the promises and dilemmas of capitalist transition and economic transformation in the context of a post‐communist society such as Russia. Discusses the strategies for economic reform, the direction of change and the pace and magnitude of reforms.

Examines the sequencing of economic reforms in the post‐communist transition, focusing on Russia. Proposes a moderately expansionary stabilization, succeeded by gradual liberalization and marketization, followed by a more ambitious economic restructuring and privatization.

During the first decades of the 20th century, German Reformer Silvio Gesell (1862‐1930) championed with a certain success the reforming wave of the epoch by complementing ingenious solutions to some of the most important economic issues of his time with theoretical insights that were as...

This article investigates the intellectual roots of perestroika . Mikhail Sergeyevich Gorbachev, the architect of perestroika claims that his programmes and policies are aimed at a revolutionary transformation of the Soviet economy from an overly centralised command system of management to a...

Continues an examination of the Gorbechev era (1985‐91) in Soviet development as an example of a movement towards a more democratized form of Soviet‐style socialism. An earlier artilce focused on underlying causes and origins of this democratized version of Soviet socialism and its...