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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