Missing: Morality in the Transformation of Former Socialist Countries

Abstract

Claims that the process of transition of former socialist countries has been misguided. The reform of the economic system is but part of the overall process of social transformation, and it is argued that at the root of the disappointing results has been the fact that instead of focusing on moral redemption, the moral decay of these societies has even been enhanced by the infusion of economic egoism. The present transition can be seen as a process of transformation from primitive socialism to primitive capitalism. Without the sanctity of law and order rooted in the value system of the cultural heritage of Judeo‐Christian ethics, the privatization of state industries and public utilities including the commercialization of education, health, the arts and sciences has been creating conditions for a place far removed from an environment conducive to social peace, political stability and economic growth.

Citation

Riha, T.J.F. (1994), "Missing: Morality in the Transformation of Former Socialist Countries", International Journal of Social Economics, Vol. 21 No. 10, pp. 10-31. https://doi.org/10.1108/03068299410074791