CONSUMPTION IN A SOCIALIST ECONOMY

Book Details

• Author: Arvind Vyas
  

• Edition: March 1978

• Multiple Book Set: No

About the Book
This book by Arvind Vyas is a modified version of his doctoral dissertation, completed at the Centre for Russian and East European Studies at the University of Birmingham in 1974. The book primarily explores the relationship between consumption and accumulation in a socialist economy during the so-called "extensive growth" phase. In the first part, Vyas sets out a simple model of extensive growth, with a particular focus on its relevance to the Soviet industrialization experience between 1929 and 1937. The second part of the book delves into the concrete experience of Soviet industrialization, examining it through the lens of the model developed earlier. This analysis provides a critical understanding of the economic mechanisms at play during a transformative period in Soviet history, shedding light on the complexities of socialist economic policies and their real-world application. Vyas’s work offers important insights into the processes of industrialization in the Soviet Union and contributes to the broader discourse on socialist economic theory and practice.