Cookies Policy

This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies.

I accept this policy

Find out more here

Socialism Betrayed? Economists, Neoliberalism, and History in the Undoing of Market Socialism

No metrics data to plot.
The attempt to load metrics for this article has failed.
The attempt to plot a graph for these metrics has failed.
The full text of this article is not currently available.

Brill’s MyBook program is exclusively available on BrillOnline Books and Journals. Students and scholars affiliated with an institution that has purchased a Brill E-Book on the BrillOnline platform automatically have access to the MyBook option for the title(s) acquired by the Library. Brill MyBook is a print-on-demand paperback copy which is sold at a favorably uniform low price.

Access this article

+ Tax (if applicable)
Add to Favorites
You must be logged in to use this functionality

image of Historical Materialism

Through an historical analysis of the transnational practices of economists during the Cold War, Johanna Bockman rejects the narrative that the revolutions of 1989 represented the victory of ‘Western economics’, and especially neoliberalism, over ‘East-European socialism’. Rather, Bockman shows that the space of exchange, as well as policy experimentation in socialist states such as Yugoslavia and Hungary, led to the articulation of alternative, decentralised, ‘market socialisms’ from the 1950s up until the 1980s. Instead of operating within separate and incommensurable paradigms of ‘capitalist’ and ‘socialist’ economics, Bockman shows how neoclassical theory and its long tradition of comparing distinct economic systems became the central episteme allowing for the transnational exchange of ideas between economists of both the East and the West. This review-essay evaluates the book’s central claims but argues that the book stands on weaker ground when arguing that a reformed socialism was a viable option in Eastern Europe after 1989.

Affiliations: 1: Department of Political Science, Virginia Polytechnic Institute and State University


Full text loading...


Data & Media loading...

1. Åslund Anders How Capitalism was Built: The Transformation of Central and Eastern Europe, Russia, the Caucasus, and Central Asia 2007 Cambridge Cambridge University Press
2. Bohle Dorothee , Greskovits Béla Capitalist Diversity on Europe’s Periphery 2012 Ithaca Cornell University Press
3. Centeno Miguel A. , Silva Patricio The Politics of Expertise in Latin America 1998 New York St Martin’s Press
4. Crowley Stephen , Stanojevic Miroslav "‘Varieties of Capitalism, Power Resources, and Historical Legacies: Explaining the Slovenian Exception’" Politics & Society 2011 Vol 39 2 268 295
5. Fourcade Marion Economists and Societies: Discipline and Profession in the United States, Britain, and France, 1890s to 1990s 2006 Princeton Princeton University Press
6. Harvey David A Brief History of Neoliberalism 2005 Oxford Oxford University Press
7. King Lawrence P. , Sznajder Aleksandra "‘The State-Led Transition to Liberal Capitalism: Neoliberal, Organizational, World-Systems, and Social Structural Explanations of Poland’s Economic Success’" American Journal of Sociology 2006 Vol 112 3 751 801
8. Lavigne Marie International Political Economy and Socialism 1991 Cambridge Cambridge University Press
9. Mitchell Timothy Rule of Experts: Egypt, Techno-Politics, Modernity 2002 Berkeley University of California Press
10. Ong Aihwa Neoliberalism as Exception: Mutations in Citizenship and Sovereignty 2006 Durham, NC Duke University Press
11. Polanyi Karl The Great Transformation: The Political and Economic Origins of our Time 2001 [1944] Boston Beacon Press
12. Rose Nikolas , Miller Peter "‘Political Power beyond the State: Problematics of Government’" British Journal of Sociology 1992 Vol 43 2 173 205
13. Sachs Jeffrey D. Poland’s Jump to the Market Economy 1993 Cambridge, MA The MIT Press
14. Sachs Jeffrey D. , Woo Wing Thye "‘Experiences in the Transition to a Market Economy’" Journal of Comparative Economics 1994 Vol 18 3 271 275
15. Schumpeter Joseph A. Capitalism, Socialism and Democracy 1950 New York Harper & Row Publishers

Article metrics loading...



Can't access your account?
  • Tools

  • Add to Favorites
  • Printable version
  • Email this page
  • Subscribe to ToC alert
  • Get permissions
  • Recommend to your library

    You must fill out fields marked with: *

    Librarian details
    Your details
    Why are you recommending this title?
    Select reason:
    Historical Materialism — Recommend this title to your library
  • Export citations
  • Key

  • Full access
  • Open Access
  • Partial/No accessInformation