Saturday, August 21, 2010

The Economics of Feasible Socialism Revisited

The Economics of Feasible SocialismMoriginally published in 1983Mwas a pathbreaking book. It identified a workable socialist program, achievable in the lifetime of a child born today, that avoided farfetched or Utopian assumptions and the deformations of ``actually existing socialism'' of the Soviet species. Incorporating the many recent changes in the former Soviet Union and Eastern Europe, Alec Nove has updated his book to produce this second edition. Characteristically readable, controversial, and full of insights, The Economics of Feasible Socialism Revisited will become essential reading for anyone concerned with evaluating the relevance of the anti-socialist reaction typical of many economists in Eastern Europe.

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