Economic Policy of the Period of Transition from Capitalism to Socialism

Abstract

There is a shorter or a longer period between the time when the communists take over the government of a country, or assume an effective control over it, and the time when the fully fledged economic planning, the socialist industrialization and the collectivization of agriculture are introduced and the process of building socialism accelerates. This can be called the period of transition from capitalism to socialism. An examination of communist economic policies for this period in the Soviet Union, Central and Eastern Europe, and China reveals considerable similarities but also some differences. It is interest-