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Impatience of the Intellect, or Why We Confuse Things with the Word "Socialist"

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  • Vladimir Popov

Abstract

Why indeed? Is it not obvious that a normal, full-fledged, developed market is inconceivable without private property? The term "socialist market" is by definition a contradiction, is just as nonsensical as the expression "socialist cold" because the market, like a cold, either exists or does not exist. There is no third possibility. Either socialism or the market… one or the other. The time has come to clarify matters, to get rid of ideological clichés, to stop deceiving ourselves if we are really concerned about the interests of the cause, if we intend to create a normal market economy.

Suggested Citation

  • Vladimir Popov, 1994. "Impatience of the Intellect, or Why We Confuse Things with the Word "Socialist"," Problems of Economic Transition, Taylor & Francis Journals, vol. 36(9), pages 57-78.
  • Handle: RePEc:mes:prectr:v:36:y:1994:i:9:p:57-78
    DOI: 10.2753/PET1061-1991360957
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