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014 - Markets In The Name Of Socialism

General Intellect Unit

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Initiatives and Opposition: Lessons from Yugoslavia's Market Socialism

This chapter explores the initiatives of market socialism in Yugoslavia and the opposition it faced from students and nationalists. It discusses the mistake of devolving power to the constitution republics instead of decentralizing the economy properly, potentially contributing to ethnic conflicts in the region. The debate between economically developed republics and less developed ones within the federation is also touched upon.

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