This unique volume offers a wide-ranging debate on fundamental issues of economic transformation. The two authors present their contrasting views on the singularity and the comparative significance of the East German case; the theoretical lessons of shock therapy and holistic policy approaches; democratic, corporatist, and authoritarian governing structures in the reform process; and the role of myth and ideology in social change. Developing competing as well as complementary positions on problems of transformation, the authors advance our understanding of the conditions under which modern societies can be fundamentally restructured by design.

The Grand Experiment: Debating Shock Therapy, Transition Theory, And The East German Experience

Business & Money

Pickel, Andreas

Wiesenthal, Helmut

Economics

Westview Press

It is time to leave capitalism behind. In Prosperity without Greed, Sahra Wagenknecht shows that we live in a system of economic feudalism that has nothing to do with a free market economy, where the innovations we require to solve myriad important societal problems are not forthcoming. How can it be, Wagenknecht asks, that technological developments financed by the taxpayer end up enriching private companies even if those companies’ activities violate public interests? Through clear analysis and concrete proposals, Wagenknecht suggestss new forms of ownership and sketches the outlines of an innovative and just economy that instead promotes and rewards talent, real performance, and start-ups with groundbreaking ideas.

Prosperity without Greed: How to Save Ourselves from Capitalism

Wagenknecht, Sahra

Campus Verlag

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Books by Pickel, Andreas