
The Great Surprise of the Small Transformation: The Demise of Communism and the Rise of the Private Sector in Hungary
Rona-Tas
The relatively peaceful and rapid collapse of Communism came as a great surprise to most, and the varied paths followed by the countries emerging from Communism has puzzled many. Ró:na-Tas argues that, under Communism, the central institution organizing society was universal state employment. Over time, universal state employment eroded and a weak private sector evolved, before Communism collapsed. This erosion is what the book calls the "Small Transformation." The Small Transformation was a process of fragmentation that slowly undid the concentration created in these societies by the process of socialist industrialization, the Great Transformation. The way the Small Transformation proceeded ... Read more
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