The Soviet Economy (Routledge Revivals)

Book excerpt: First published in 1961, The Soviet Economy is a well informed work which seeks to acquaint students with the structure and problems of the economy of the USSR. In a balanced and perceptive analysis, Alexander Nove describes the organisation of economic life and of the planning system, analysing the practical and theoretical problems within the institutional structure of the Soviet system, and introducing the student to Soviet economic ideas and concepts. The subject is then related to the growth of the Soviet economy and to the extent to which both the institutions and the problems reflect the historical peculiarities of the USSR. The author does not try to argue for or against the system or to provide answers but aims to stimulate the reader to enquire further into the more important questions raised by the strengths and weaknesses of the Soviet economy.