The Socialist Period

Julius Horvath*

*Corresponding author for this work

    Research output: Contribution to Book/Report typesChapterpeer-review

    Abstract (may include machine translation)

    We begin with a short description of the socialist economic model and point to its fundamental characteristics. We portray leading reformers of the socialist economic mechanism, who often began as representatives of communist orthodoxy in the early 1950s. We present the reforms in the socialist Czechoslovakia of the 1960s, focusing on the life and work of Ota Šik. We portray the work of Josef Goldmann, the prominent Czech economist who worked during the socialist period. Then we present the life and reform impact of an early Hungarian socialist market reformer György Péter. Afterward, we present the contribution of the most influential analyst of the socialist economy, János Kornai. We close by a short presentation of the work and life of Oskar Lange and Michal Kalecki.

    Original languageEnglish
    Title of host publicationAn Introduction to the History of Economic Thought in Central Europe
    EditorsJulius Horvath
    PublisherPalgrave Macmillan
    Pages97-137
    Number of pages41
    ISBN (Electronic)978-3-030-58926-4
    ISBN (Print)978-3-030-58925-7
    DOIs
    StatePublished - 2020

    Publication series

    NamePalgrave Studies in the History of Economic Thought
    ISSN (Print)2662-6578
    ISSN (Electronic)2662-6586

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