Word: capitalisme
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Sir: Your cover story on economic reform in the Soviet Union [Feb. 12] was most welcome. By avoiding the inaccurate but oft-heard claim that the Soviet use of a profit measure to judge managerial efficiency is galloping capitalism, your story provided some needed understanding of a commonly misunderstood question...
Russia itself has lagged behind the satellites in the economic shift toward Western ways. At stake is nothing less than Russia's vast "command economy," with its Kafkaesque, topheavy bureaucratic fiefdoms regulating every pulse and throb of the nation's economic engine. And though Marx never mentioned central...
Ad Men? Technical base for Communism or not, there is no escaping the fact that having in effect posted a suggestion box, the Kremlin has found Pandora's name on it. Last month a Moscow economist proposed that the profit motive even be extended to agriculture, Russia's...
Liberman is of course right in insisting that he is not ushering in "capitalism"-that dirty word the Communists have never really understood for all their ranting against it. But the current search for incentives to get the Russian economy moving again is nonetheless an eloquent testimony to the failure...
In addition, 76 textile mills, 20 leather factories and a number of other suppliers of raw materials will switch to producing to the demand of the converted consumer-goods factories. Though Liberman is not likely to replace Lenin in the hierarchy of Communist saints, and though both the professor and...