Liberalism and the Economic Order

In the wake of communist totalitarianism's collapse, Eastern Europe and the former Soviet Union grapple with political instability and economic uncertainty, exploring liberalism and the challenges faced by reformers in this context.

Liberalism and the Economic Order examines the complex landscape of Eastern Europe and the former Soviet Union following the collapse of communist regimes. As these nations grapple with political instability and uncertain economic futures, the contributors to this volume provide diverse perspectives on the challenges and opportunities of liberal reform. The essays delve into the ongoing transition towards Western-style democracy and market economies, highlighting both the aspirations and struggles of the region's people.

The book explores various models proposed by political theorists to guide the reform process. It discusses the significant obstacles to change, including entrenched attitudes, institutional barriers, and cultural traditions that may hinder progress. By analyzing these factors, the contributors shed light on the intricate relationship between liberalism and the unique historical contexts of Eastern European countries.

Additionally, the volume critically examines the compatibility of democratic politics and free-market economics, questioning whether these systems can coexist without compromising each other. Some authors suggest alternatives to specific Western institutions, arguing that blindly emulating the West may not always be the best path for Eastern nations. Through this multifaceted exploration, Liberalism and the Economic Order offers valuable insights into the nature of liberalism and the pressing challenges faced by reformers in the region today.