Keyword: encompassing interest
The Soviet Union - Super Power or Paper Tiger? (4/14/2000)
The dismal transition of the centrally planned Soviet economy to a market economy results from the collapse of an effective government with an encompassing interest and the non-existence of secure property rights.
Keywords: central planners, communism, consumption, democracy, encompassing interest, enterprise managers, investment, market information, privatization, property rights, special interests, state enterprises, surplus