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Workers’ Councils in the Prague Spring of 1968

In: The Economics of Co-Determination

Author

Listed:
  • Jiři Kosta

Abstract

The Czechoslovak economic reform began about three years before the Prague Spring of 1968. The initial steps were in their impact on the decision-making institutions guided by technocratic considerations. In 1966 and 1967 a large proportion of the centrally fixed planning targets (production targets, manpower, investments) were suspended and greater powers of decision were granted to individual enterprises; the orders of the planning bureaucracy were replaced by economic policy instruments and indicative targets emanating from the centre; there was a change of direction from the fetishism of quantity to efficiency criteria; but in spite of all these improvements, the majority of workers were still excluded from the economic decision-making process.

Suggested Citation

  • Jiři Kosta, 1977. "Workers’ Councils in the Prague Spring of 1968," Palgrave Macmillan Books, in: David F. Heathfield (ed.), The Economics of Co-Determination, chapter 5, pages 61-79, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-03117-7_5
    DOI: 10.1007/978-1-349-03117-7_5
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