Alienation and the Soviet Economy: The Collapse of the Socialist Era

In 1971, Paul Craig Roberts created a firestorm among professional Sovietologists by proclaiming that the economies of the USSR and its East Bloc allies were doomed because their "planned" economies were, in reality, anything but planned.

In this revised edition, Paul Craig Roberts examines how reality triumphed over Marxist theory and the implications for the future of Russia and eastern Europe. Expanding on his original ideas, Roberts demonstrates the fatal shortcomings of Marxist economie...