The failure of the Šik’s reform in Czechoslovakia in the 1960s
The failure of the Šik’s reform in Czechoslovakia in the 1960s

Summary/Abstract: The paper deals with the so-called Šik’s reform in Czechoslovakia in the 1960s – its origin, implementation and consequences. After the critique of theoretical basis of the reform using the multidisciplinary approach of Austrian school, the paper formulates conclusions on the importance of this reform process. The results of the analysis are then examined in a wider context of the 1960s. The emphasis is put on the social, cultural and political development of this period. Combining the economic theory and history, the results of the thesis do not only contribute to the explanation of the consequences of the reform, but also to the theoretical debate on the implementation of socialism and its reformability.

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