scholarly journals Transferring Western Knowledge to a centrally planned Economy: Finland and the Scientific-Technical Cooperation with the Soviet Union

2018 ◽  
pp. 143-164
Keyword(s):  
Soviet Union ◽  
Technical Cooperation ◽  
Planned Economy ◽  
The Soviet Union ◽  
Centrally Planned Economy ◽  
Scientific Technical

Information and the Market Economy

2016 ◽  
Author(s):  
David Sarokin ◽  
Jay Schulkin
Keyword(s):  
Soviet Union ◽  
Market Economy ◽  
Invisible Hand ◽  
Planned Economy ◽  
Large Measure ◽  
Subprime Mortgage ◽  
Market Signals ◽  
The Soviet Union ◽  
Mortgage Crisis ◽  
Centrally Planned Economy

The Soviet Union tried to manage the information needed to run a centrally-planned economy. Their efforts failed in large measure due to information shortcomings. Capitalism is a much better information processor, relying on the ‘invisible hand” to recognize and respond to market signals. But capitalism can have information failures too, as evidenced by Enron, the subprime mortgage crisis, and the work of information economists.

The institutional change in action: Transitioning to Economic Man

2012 ◽  
Vol 45 (3-4) ◽  
pp. 363-373 ◽  
Author(s):  
Evelina Tverdohleb
Keyword(s):  
Soviet Union ◽  
Institutional Change ◽  
Planned Economy ◽  
Economic Man ◽  
The Soviet Union ◽  
Unique Nature ◽  
Western Market ◽  
Economic Ideology ◽  
The Creation

This article sketches the roots and social underpinnings of both Economic Man (EM) and Soviet Man (SM) and looks at the interaction between the two archetypes during the transformation of former socialist nations since 1990. It depicts the creation of SM as the bearer of socialist “planned economy” ideology while also showing how EM was able to survive, albeit often underground, in the Soviet Union and its satellites. It also looks at the unique nature of the Soviet EM and to what extent SM has been dismantled. This paper concludes by examining how well the Western, market-oriented economic ideology was implemented and why the process occurred differently in various former socialist countries. It illustrates the varying malleability of the human mentality and provides some insights into the possible outcomes of future efforts at sociopolitical transformation.

scholarly journals The Silent Revolution: Decollectivization from Below during the Cultural Revolution

2016 ◽  
Vol 227 ◽  
pp. 796-811 ◽  
Author(s):  
Frank Dikötter
Keyword(s):  
Soviet Union ◽  
Central Europe ◽  
Cultural Revolution ◽  
Economic Reforms ◽  
Deng Xiaoping ◽  
Planned Economy ◽  
The Soviet Union ◽  
The People ◽  
Silent Revolution ◽  
The Cultural Revolution

AbstractThis article uses fresh archival evidence to point at a rarely noticed phenomenon, namely the undermining of the planned economy by a myriad of dispersed acts of resistance during the last years of the Cultural Revolution. Villagers reconnected with the market in some of the poorest places in the hinterland as well as in better-off regions along the coast. This silent, structural revolution often involved the quiet acquiescence, if not active cooperation, of local cadres. In conclusion, the article suggests that if there was an architect of economic reforms, it was the people and not Deng Xiaoping: as with his counterparts in Central Europe and the Soviet Union, Deng had little choice but to go along with the flow.

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