Abstract:Analyses of the transition from state socialism to capitalism typically focus on political impediments and underestimate the economic obstacles to economic transformation. Based on a case study of the Soviel wood industry, we argue that there will be no economic transition so long as enterprises retain two historic features, namely anarchy in production and bargainig in external relations. Far from constituting a revolution, the withering away of the party state has exeggerated the pathologies of the o… Show more
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