Market Socialism versus Workers′ Capitalism

Abstract

For years the Communist Party in the Soviet Union has been lying about the state of the economy. Now that the truth is exposed, the real situation appears to be quite desperate. Fifteen per cent of the population lives below the poverty line and 40 per cent of industry is obsolete. Where does Gorbachev go from here? The dilemma facing Gorbachev is discussed.

Citation

Stradling, A. (1989), "Market Socialism versus Workers′ Capitalism", European Business Review, Vol. 89 No. 3. https://doi.org/10.1108/EUM0000000001829