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...

Illustrates and explicates the proposition that the critique of exploitation and injustice found in contemporary Liberation Theology is theologically grounded, in that these phenomena are rebuked as discordant with God′s will, as revealed by textual re‐examination of the Bible, notably 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...

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.

According to the traditional Soviet view, the Soviet economic society, based essentially on governmental and collective farm property and overall national planning, is “socialist”, and has been so since Stalin's proclamation to that effect in the 1930s. Most Western observers, Marxist and...

This article gives a centenary appreciation of the contributions to economic thought of Joseph A. Schumpeter, with special focus on his work, The Theory of Economic Development (TED) . It proceeds, first, by providing an overview of Schumpeter's life and works; secondly, by giving an...