In this book, the author describes the dawn of an age of 'transideological-cooperation', between east and west, an age in which commercial matters are hermetically isolated from continuing idelogical and political animosity and analyzes the roots of past hostility.
First published in 1970, Economics of Socialism covers all aspects of socialist economics: planning, profit, production and growth, investment, consumption, labor and land. The author then goes on to discuss pricing, money and banking and fiscal policy and control.