Abstract

Historical optimism is a rather common belief in economics. It is often thought that a newly established theory (or society) is better than the previously prevailing one. The author doesn't share this view and finds it useful to discuss the role of the political economy of socialism in contemporary economics which was begun with the publication of the paper by A. Buzgalin in 2003, No 3. But the analysis of A. Buzgalin's arguments doesn't support his conclusion on possible usefulness of the political economy of socialism in the studies of post-industrial society.

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