In this book Dr Porket argues that no modern economy can escape open unemployment as long as free labour and a free labour market exist. He argues, too, that in any modern economy there exists a tension between economic individualism and economic collectivism, but that market forces cannot forever be denied. While Part I examines open and hidden unemployment in capitalist market economies and socialist command economies prior to 1989, Part II concentrates on the issue of unemployment in post-communist economies between 1989 and the end of 1993. Finally, Part III summarizes, re-examines and expands on those selected dimensions of the issue of unemployment that are deemed currently to be relevant to both Western and post-communist economies. Although the book is primarily about unemployment, open as well as hidden, it is also concerned with economic systems and their transformation and, hence, about the role of the visible hand (the state) in the economy.

No modern economy can escape open unemployment as long as free labour and a free labour market exist. In any modern economy, there exists a tension between economic individualism and economic collectivism, but market forces cannot forever be denied. While Part 1 examines open and hidden unemployment in capitalist market economies and socialist command economies prior to 1989, Part 2 concentrates on the issue of unemployment in post-communist economies between 1989 and the end of 1993. Finally, Part 3 summarizes, re- examines, and expands on those selected dimensions of the issue of unemployment that are deemed currently to be relevant to both Western and post-communist economies. Although the book is primarily about unemployment, open as well as hidden, it also is about economic systems and their transformation and, hence, about the role of the state in the economy.

Early transition was characterized by debate over shock therapy and gradualism as alternative reform strategies. Other important debates concerned the nature of the former USSR. Was it ever Socialist and what were its laws of motion? What implications does the old system have for the course of post-communist reforms? These are among the key issues analysed in this book, through a mix of conceptual analysis and an interesting selection of country studies.

This volume presents a shared effort to apply a general historical-institutionalist approach to the problem of assessing institutional change in the wake of communism's collapse in Europe. It brings together a number of leading senior and junior scholars with outstanding reputations as specialists in postcommunism and comparative politics to address central theoretical and empirical issues involved in the study of postcommunism. The authors address such questions as how historical 'legacies' of the communist regime be defined, how their impact can be measured in methodologically rigorous ways, and how the effects of temporal and spatial context can be taken into account in empirical research on the region. Taken as a whole, the volume makes an important contribution to the growing literature by utilizing the comparative historical method to study key problems of world politics.

Societies, whether traditional or modern, experience tension between spontaneity (individual freedom) and control (regulation). Consequently, economies as a subsystem of society experience it too. More specifically, they experience a tension between economic individualism and economic collectivism, which in modern economies revolves around the role of the state in the economy. Since the collapse of communism, this tension has manifested itself not as a tension between market capitalism and command socialism but as a tension between the free market and the interventionist variants of market capitalism. Although currently economic and political liberalization is in evidence worldwide, not only in post-communist societies, its outcome remains uncertain. Liberal democracy in the sense of democratic politics and free-market economics has not triumphed hitherto, and also its future is far from assured. The end of history is not in sight.

Introduction to Business covers the scope and sequence of most introductory business courses. The book provides detailed explanations in the context of core themes such as customer satisfaction, ethics, entrepreneurship, global business, and managing change. Introduction to Business includes hundreds of current business examples from a range of industries and geographic locations, which feature a variety of individuals. The outcome is a balanced approach to the theory and application of business concepts, with attention to the knowledge and skills necessary for student success in this course and beyond. This is an adaptation of Introduction to Business by OpenStax. You can access the textbook as pdf for free at openstax.org. Minor editorial changes were made to ensure a better ebook reading experience. Textbook content produced by OpenStax is licensed under a Creative Commons Attribution 4.0 International License.

This book sets the experiences of former communist countries as they head towards capitalism against the 'varieties of capitalism' paradigm, and provides a framework for comparing transformation processes, demonstrating how differing heritages of communist and pre-communist pasts are leading to different kinds of capitalist economies.