The Rise of the Private Sector

János Kornai

in The Socialist System

Published in print May 1992 | ISBN: 9780198287766
Published online November 2003 | e-ISBN: 9780191596551 | DOI:

Series: Clarendon Paperbacks

 The Rise of the Private Sector

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The rise of the private sector is the most important tendency in the economic sphere during the process of reform of classical socialism. This is also matched by a no less strong tendency to obstruct and restrict the development of the private sector. The following aspects of this type of reform are addressed in the chapter: inducements behind the development of the private sector, types of private sector reform that have occurred in various socialist countries, the private sector in relation to official ideology, the affinity of private ownership and market coordination, the private sector and bureaucracy, and the economic role of the family.

Keywords: bureaucracy; classical socialism; economic reform; family; ideology; markets; private ownership; reform; socialist systems

Chapter.  12305 words. 

Subjects: Economic Systems

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