One of the most important and stimulating books on the problems of socialism written during the last few decades is Alec Nove’s The Economics of Feasible Socialism, published in 1983 by George Allen & Unwin, Ltd., London, and Allen & Unwin, Inc., Winchester, Mass. Copyright © 1983 by George Allen & Unwin, Ltd. Cloth $29.50, paper $9.95, and available from Allen & Unwin, Inc., 8 Winchester Place, Winchester, Mass. 01890.
Since this book offers a detailed and realistic prospect of what a democratic socialist economy might look like, and since it has had very little circulation in the United States, we have broken an editorial rule, for the first time in 31 years, and are reprinting here significant segments, slightly adapted (some deletions within the text are indicated by ellipses), with the kind permission of both author and publisher. We will be glad to print some cogent and concise discussion on Nove’s essay. — EDS....
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