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Besides providing a historical record of the long road from the economic agenda of the 1917 Bolshevik revolution to the present transition from communism, this book can be considered a staunch defense of market capitalism and liberal democracy. Any celebration of the current transition in Eastern Europe necessarily affirms the superiority of a market system over a nonmarket one and of a democratic system over a nondemocratic one.The author does not deny the failures, shortcomings or imperfections of market economy and democracy. Nor does he take the survival of market capitalism and liberal democracy for granted. On the contrary, by highlighting the valiant and painful process of transition and attempting to understand its economics and culture, he seeks to contribute to the theoretical (academic) and practical (political) defense of Western civilization.
⚠️ WARNING (California Proposition 65):
This product may contain chemicals known to the State of California to cause cancer,
birth defects, or other reproductive harm.
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