ENGLISH

Creating Capitalism: Transitions and Growth in Post-Soviet Europe

By Patricia Dillon , Frank C. Wykoff

Book information

Publisher
Edward Elgar Pub
Year
2002
ISBN
1840647337, 9781840647334
Open Library ID
OL12563797M
Language
english
Format
PDF
Filesize
3 MB (3405117 bytes)
Pages
343\343
Time added
2010-05-17 00:23:50

Description

By way of contrast with "The Mystery of Capitalism" by DeSoto, this book (read May 28) on this same topic is reviews events after the collapse of communism in Russia and details the movement toward capitalism. It looks at seven eastern European countries. It looks like it offers a more balanced view than the DeSoto book. There are good sections on the issue of property (p. 41) and how those issues are being fought over. In Russia, for example, they go over the various groups that have grabbed the property - ex- communists, mafias, etc.Patient ants will eventually enjoy higher standards of living than impatient crickets. Optimum levels of consumption are below the maximum - must save for the future. Topics: why private markets work, growth models.

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