Building Capitalism with Communist Tools: Eastern Europe's Defective Transition Cover Image
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Building Capitalism with Communist Tools: Eastern Europe's Defective Transition
Building Capitalism with Communist Tools: Eastern Europe's Defective Transition

Author(s): Kazimierz Z. Poznański
Subject(s): Political history, Government/Political systems, Political economy, Economic development, Transformation Period (1990 - 2010), Post-Communist Transformation
Published by: SAGE Publications Ltd
Keywords: Eastern Europe; transition period; postcommunist transition; reforms; communist legacy; capitalism;

Summary/Abstract: It is politically correct to pronounce the postcommunist transition in Eastern Europe a success. While some claim the success is complete, others say the success of reforms has not arrived without sending the region into an unavoidable recession. I understand the demand, after decades of communist failures, for a positive account of transition. But the postcommunist reforms have also failed completely. The recessions are a result of some major reform mistakes. Moreover, a recognizable capitalism is not emerging, rather its deviant form. [...]

  • Issue Year: 15/2001
  • Issue No: 02
  • Page Range: 320-355
  • Page Count: 36
  • Language: English