Economic Reforms in Communist Countries

In view of some very sweeping pronouncements that have been made about the meaning of recent economic reforms in the Soviet Union and in Eastern Europe, it seems appropriate to begin by baldly stating my view as to what these reforms do not mean. They most definitely do not herald the restoration of capitalism in any form or shape; nor do they constitute a retreat toward the “mixed economy” of the Soviet NEP of the twenties or to a very similar system which was in existence throug...