The State-Led Transition to Liberal Capitalism: Neoliberal, Organizational, World-Systems, and Social Structural Explanations of Poland's Economic Success1 (original) (raw)
Abstract
Neoliberals argue that rapid liberalization and privatization can transform postcommunist economies into Western-style capitalist systems. Organizational sociologists argue that these policies pro- duce a unique variety of capitalism, while world-systems theorists argue that they lead to underdevelopment. This article advances a social structural alternative in a crucial case. Poland's relative eco- nomic success resulted from prolonged state ownership and an
Key takeaways
AI
- Poland's economic success stemmed from a developmental state facilitating SOE restructuring before privatization.
- Neoliberal policies failed to account for the necessity of state intervention in transitioning economies.
- Contrary to neoliberal expectations, Poland's growth resulted from foreign direct investment and active state policies.
- The social structural approach highlights the role of domestic elite conflicts in shaping Poland's transition outcomes.
- Poland's GDP grew by 59.9% since its transition, contrasting sharply with the underdevelopment seen in Russia.
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