Jump to ContentJump to Main Navigation
Markets in the Name of SocialismThe Left-Wing Origins of Neoliberalism$
Users without a subscription are not able to see the full content.

Johanna Bockman

Print publication date: 2011

Print ISBN-13: 9780804775663

Published to Stanford Scholarship Online: June 2013

DOI: 10.11126/stanford/9780804775663.001.0001

Show Summary Details
Page of

PRINTED FROM STANFORD SCHOLARSHIP ONLINE (www.stanford.universitypressscholarship.com). (c) Copyright Stanford University Press, 2018. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a monograph in SSO for personal use (for details see www.stanford.universitypressscholarship.com/page/privacy-policy).date: 17 October 2018

Goulash Communism and Neoclassical Economics in Hungary

Goulash Communism and Neoclassical Economics in Hungary

Chapter:
(p.105) 4 Goulash Communism and Neoclassical Economics in Hungary
Source:
Markets in the Name of Socialism
Publisher:
Stanford University Press
DOI:10.11126/stanford/9780804775663.003.0005

After World War II, the Hungarian Communist Party took control of the country's political life and immediately launched a socialist experiment based on the Soviet model with its characteristic central planning, hierarchical enterprises, and state ownership of the mode of production. The Soviet model was also imposed on the profession of economics and neoclassical economics was declared “bourgeois” by Party leaders because of its ideological ties to capitalism. The result was a novel form of market socialism known as “goulash communism.” Neoclassical economics served as an analytical tool and a normative model for Hungary's reform economists to develop this kind of market socialism. This chapter explores Hungary's goulash communism and its New Economic Mechanism reforms of 1968. It also discusses how Party-state elites promoted an apparently narrow form of neoclassical economics, which actually maintained existing hierarchical institutions.

Keywords:   Hungary, neoclassical economics, New Economic Mechanism, goulash communism, Hungarian Communist Party

Stanford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us.