Command economy in the context of "Centralization"

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⭐ Core Definition: Command economy

A planned economy is a type of economic system where investment, production and the allocation of capital goods takes place according to economy-wide economic plans and production plans. A planned economy may use centralized, decentralized, participatory or Soviet-type forms of economic planning. The level of centralization or decentralization in decision-making and participation depends on the specific type of planning mechanism employed.

Socialist states based on the Soviet model have used central planning, although a minority such as the former Socialist Federal Republic of Yugoslavia have adopted some degree of market socialism. Market abolitionist socialism replaces factor markets with direct calculation as the means to coordinate the activities of the various socially owned economic enterprises that make up the economy. More recent approaches to socialist planning and allocation have come from some economists and computer scientists proposing planning mechanisms based on advances in computer science and information technology.

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Command economy in the context of Socialist Federal Republic of Yugoslavia

The Socialist Federal Republic of Yugoslavia (commonly abbreviated as SFRY or SFR Yugoslavia), known from 1945 to 1963 as the Federal People's Republic of Yugoslavia, commonly referred to as Socialist Yugoslavia or simply Yugoslavia, was a country in Central and Southeast Europe. It was established in 1945, following World War II, and lasted until 1992, dissolving amid the onset of the Yugoslav Wars. Spanning an area of 255,804 square kilometres (98,766 sq mi) in the Balkans, Yugoslavia was bordered by the Adriatic Sea and Italy to the west, Austria and Hungary to the north, Bulgaria and Romania to the east, and Albania and Greece to the south. It was a one-party socialist state and federation governed by the League of Communists of Yugoslavia, and had six constituent republics: Bosnia and Herzegovina, Croatia, Macedonia, Montenegro, Serbia, and Slovenia. Within Serbia was the Yugoslav capital city of Belgrade as well as two autonomous Yugoslav provinces: Kosovo and Vojvodina.

The country emerged as Democratic Federal Yugoslavia on 29 November 1943, during the second session of the Anti-Fascist Council for the National Liberation of Yugoslavia midst World War II in Yugoslavia. Recognised by the Allies of World War II at the Tehran Conference as the legal successor state to Kingdom of Yugoslavia, it was a provisionally governed state formed to unite the Yugoslav resistance movement. Following the country's liberation, King Peter II was deposed, the monarchical rule was ended, and on 29 November 1945, the Federal People's Republic of Yugoslavia was proclaimed. Led by Josip Broz Tito, the new communist government sided with the Eastern Bloc at the beginning of the Cold War but pursued a policy of neutrality following the 1948 Tito–Stalin split; it became a founding member of the Non-Aligned Movement, and transitioned from a command economy to market-based socialism. The country was renamed Socialist Federal Republic of Yugoslavia in 1963.

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Command economy in the context of Ideology of the Communist Party of the Soviet Union

Before the perestroika reforms of Mikhail Gorbachev that promoted a more liberal form of socialism, the formal ideology of the Communist Party of the Soviet Union (CPSU) was Marxism–Leninism, a form of socialism consisting of a centralised command economy with a vanguardist one-party state that aimed to realize the dictatorship of the proletariat. The Soviet Union's ideological commitment to achieving communism included the national communist development of socialism in one country and peaceful coexistence with capitalist countries while engaging in anti-imperialism to defend the international proletariat, combat the predominant prevailing global system of capitalism and promote the goals of Bolshevism. The state ideology of the Soviet Union – and thus Marxism–Leninism – derived and developed from the theories, policies, and political praxis of Karl Marx, Friedrich Engels, Vladimir Lenin, and Joseph Stalin.

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Command economy in the context of Five-year plans of China

The Five-Year Plans (Chinese: 五年计划; pinyin: Wǔnián Jìhuà) are a series of social and economic development initiatives issued by the Chinese Communist Party (CCP) since 1953 in the People's Republic of China. Since 1949, the CCP has shaped the Chinese economy through the plenums of its Central Committee and national party congresses. The plenums follow a customary pattern of themes; since the 14th Party Congress (1992–1997), the fifth plenum has evaluated the current five-year plan and outlined the next five-year plan.

Planning is a key characteristic of the nominally socialist economies, and one plan established for the entire country normally contains detailed economic development guidelines for all its regions. In order to more accurately reflect China's transition from a Soviet-style command economy to a socialist market economy (socialism with Chinese characteristics), the plans since the 11th Five-Year Plan for 2006 to 2010 have been referred to in Chinese as "guidelines" (Chinese: 规划; pinyin: guīhuà) instead of as "plans" (Chinese: 计划; pinyin: jìhuà).

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Command economy in the context of Communist Party of Czechoslovakia

The Communist Party of Czechoslovakia (Czech and Slovak: Komunistická strana Československa, KSČ) was a communist and Marxist–Leninist political party in Czechoslovakia that existed between 1921 and 1992. It was a member of the Comintern. Between 1929 and 1953, it was led by Klement Gottwald. The KSČ was the sole governing party in the Czechoslovak Socialist Republic though it was a leading party along with the Slovak branch and four other legally permitted non-communist parties. After its election victory in 1946, it seized power in the 1948 Czechoslovak coup d'état and established a one-party state allied with the Soviet Union. Nationalization of virtually all private enterprises followed, and a command economy was implemented.

The KSČ was committed to the pursuit of communism, and after Joseph Stalin's rise to power Marxism–Leninism became formalized as the party's guiding ideology and would remain so throughout the rest of its existence. Consequently, party organisation was based on Bolshevik-like democratic centralism; its highest body was the Party Congress, which convened every five years. When the Congress was not in session, the Central Committee was the highest body. Because the Central Committee met twice a year, most day-to-day duties and responsibilities were vested in the Politburo. The party leader was the head of government and held the office of either General Secretary, Premier or head of state, or some of the three offices concurrently, but never all three at the same time.

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Command economy in the context of Velvet Revolution

The Velvet Revolution (Czech: sametová revoluce) or Gentle Revolution (Slovak: nežná revolúcia) was a non-violent transition of power in what was then Czechoslovakia, occurring from 17 November to 28 November 1989. Popular demonstrations against the one-party government of the Communist Party of Czechoslovakia included students and older dissidents. The result was the end of 41 years of one-party rule in Czechoslovakia, and the subsequent dismantling of the command economy and conversion to a parliamentary republic.

On 17 November 1989 (International Students' Day), riot police suppressed a student demonstration in Prague. The event marked the 50th anniversary of a violently suppressed demonstration against the Nazi storming of Prague University in 1939 where 1,200 students were arrested and 9 killed (see Origin of International Students' Day). The 1989 event sparked a series of demonstrations from 17 November to late December and turned into an anti-communist demonstration. On 20 November, the number of protesters assembled in Prague grew from 200,000 the previous day to an estimated 500,000. The entire top leadership of the Communist Party, including General Secretary Miloš Jakeš, resigned on 24 November. On 27 November, a two-hour general strike involving all citizens of Czechoslovakia was held.

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Command economy in the context of Economy of East Germany

The economy of the German Democratic Republic (East Germany; GDR, DDR) was a command economy following the model of the Soviet Union based on the principles of Marxism-Leninism. Sharing many characteristics with fellow COMECON member states — the East German economy stood in stark contrast to the market and mixed economies of Western Europe and West Germany. The state established production targets, set prices, and also allocated resources, codifying these decisions in comprehensive plans. The means of production were almost entirely state-owned. The GDR had an above-average standard of living compared to other Eastern Bloc countries or the Soviet Union, and enjoyed favorable duty and tariff terms with the West German market; in 1989, it was estimated that 50 to 60% of its trade was with Western countries. However by the mid-1980s its economy had reached a state of stagnation, contributing to the process of German reunification.

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