Interactions Between the Planner, Managers and Workers in Centrally Planned Economies
Author: Joop de Kort
Publisher: Purdue University Press
Published: 1994
Total Pages: 220
ISBN-13:
DOWNLOAD EBOOKThe coordination of decision making has always been an important topic for politicians, business people, and scientists alike. The experiment in the Soviet Union and Eastern Europe to build a centrally planned economy provides an excellent example to study the possibilities and limitations of planned coordination. In this study, the author focuses on the interaction between several actors in a centrally planned economy, stressing the dominant position of the planner. An historical essay on the organization of production in the Soviet Union is combined with several theoretical insights. This forms the basis for the argument that the planner's reluctance to take the preferences and the strategies of others in society are essential explaining why the socialist experiment failed.