The Economics of Feasible Socialism Revisited

"The Economics of Feasible Socialism"--originally published in 1983--was 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. It has been immensely influential in the West, and is available in translation in China, Hungary and the Soviet Union. Incorporating the many recent changes in the 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 Marxism to contemporary social and economic problems and of the anti-socialist reaction typical of many economists in Eastern Europe.