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Abstract

Besides contending that socialism abolishes unemployment, the official ideology of the Soviet-bloc countries further contended that socialism put an end to the exploitation of man by man and was devoid of poverty, inflation, and economic crises. These claims were part and parcel of a more general tenet that socialism was not only completely different from capitalism, but also in all respects (i.e. socially, economically, politically, culturally, and morally) superior to it.

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Notes and References

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© 1995 J. L. Porket

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Porket, J.L. (1995). Relative Economic Performance. In: Unemployment in Capitalist, Communist and Post-Communist Economies. St Antony’s/Macmillan Series. Palgrave Macmillan, London. https://doi.org/10.1057/9780230374225_7

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