Efficiency And Justice In The Industrial World V 1 The Failure Of The Soviet Experiment

In the last years of the Soviet Union, with remarkable suddenness, it became commonplace to observe that what the country needed was a free market, private property and integration into the global economy. But why (aside from the obvious fact that the alternative was failing) should this consciousness dawn in our day? This book argues that the time has come to reflect on what the epochal events of our era are teaching us about larger questions - the relationship between economy and society, culture and market. Dusan Polorny asks precisely these questions, revisiting the ideas of classic and contemporary philosophers in the light of the failure of the Soviet order and the exigencies of post-Soviet transformation. As Pokorny also points out, integration in a post-industrial global economy entails profound changes in the domain of property rights, a redefinition of the relation between equity and efficiency, and a regrounding of national consciousness. The present volume examines the implications of these demands for the post-Soviet societies; another, on the European and North American experiments in economic integration, is in preparation.

In the last years of the Soviet Union, it suddenly became commonplace to claim that what the country needed was a free market, private property and integration into the global economy. But why should this consciousness dawn in our day? This book examines the issues and aims to answer that question.

European market integration was originally seen as the way to overcome national enmities in the wake of World War II. Over time, it acquired the purpose of social melioration as well. Today, the advanced market societies are richer than they have ever been, yet each is driven by social and economic divisions as some groups thrive while others lose ground. The tension between the social demand for equity and security, and the market's drive to burst the bonds of state regulation both internally and at the border post, has taken on new complexity. It is this issue that underlies domestic political struggles over privatisation, safety-net programmes, immigration policies and trade agreements. Will European Union survive the stresses of high employment and the strains of German unification? These are some of the questions Dusan Pokorny considers in this second volume of his exploration of the efficiency-justice conundrum.

This bibliography, first published in 1957, provides citations to North American academic literature on Europe, Central Europe, the Balkans, the Baltic States and the former Soviet Union. Organised by discipline, it covers the arts, humanities, social sciences, life sciences and technology.

The recent economic crisis in the United States has highlighted a crisis of understanding. In this volume, Bradley C. S. Watson and Joseph Postell bring together some of America's most eminent thinkers on political economy—an increasingly overlooked field wherein political ideas and economic theories mutually inform each other. Only through a restoration of political economy can we reconnect economics to the human good. Economics as a discipline deals with the production and distribution of goods and services. Yet the study of economics can-indeed must—be employed in our striving for the best possible political order and way of life. Economic thinkers and political actors need once again to consider how the Constitution and basic principles of our government might give direction and discipline to our thinking about economic theories, and to the economic policies we choose to implement. The contributors are experts in economic history, and the history of economic ideas. They address basic themes of political economy, theoretical and practical: from the relationship between natural law and economics, to how our Founding Fathers approached economics, to questions of banking and monetary policy. Their insights will serve as trusty guides to future generations, as well as to our own.