It must seem to many people that the collapse of the Soviet Union (and the planned economies of Eastern Europe) effectively ends the socialist calculation debate, with a decisive verdict in favour of the market. We argue that this conclusion is unwarranted. Soviet socialism presented a specific form of planning with definite shortcomings of its own, and its collapse need not rule out alternativ...

For the first thirty years after the triumph of his revolution, Fidel Castro championed Cuba as a model socialist society. Gone were the casinos, the bootlegging Americans, the mafia, and the brothels they frequented. Socialist society, he claimed, is superior to capitalism. Girls do not have to sell themselves for money in Cuba’s new society. Women gain liberation through socialism. They have ...

This contribution to Science & Society's special issue on socialist economic organisation brings together the basic model proposed in Devine (1988) and subsequent work developing and elaborating that model (Adaman and Devine 1994, 1996, 1997, mimeo; Devine 1992, 1997, forthcoming). It is part of a project which is designed to assist in the revival of the movement for socialism by developing a w...

The inadequate response of the state to collapse monetary system former Yugoslavia and introduction UN sanctions resulted in one longest largest hyperinflations economic history. stabilisation programme, implemented at end January 1994, led an almost immediate halt hyperinflation, which enabled recovery fiscal system, growth activity, consequently citizens? standard living. programme had limite...

This article discusses Nepali people’s experience with socialism and their expectations by addressing these questions: What is socialism? Which do people expect? Why they expect How does the principle go against practice in context of Nepal? Qualitative secondary sources are critically analyzed as methodological tools to reveal present people. It presents disparity between demonstrated politica...