This article focuses on the new market socialist literature published in 1991-1995. Comparisons are made between the new and older models of market socialism. Contributions to the new literature are critically examined. It is argued that the new market socialism does not present a viable alternative to modern democratic capitalism. The article also discusses what some had believed to be the dilemma post-communist societies would face: market socialism or the restoration of capitalism. In this connection, some of the transformation options are examined.
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Research Article| December 01 1996
The New Market Socialism: A Critical Review
Communist and Post-Communist Studies (1996) 29 (4): 467–478.
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Gabriel Temkin; The New Market Socialism: A Critical Review. Communist and Post-Communist Studies 1 December 1996; 29 (4): 467–478. doi: https://doi.org/10.1016/S0967-067X(96)00019-0
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