ABSTRACT
With the implosion of communism, post-war history has come to an end. The introduction of new technologies and the acceleration of technological development since the 1970s have certainly contributed to the collapse of communist regimes. Many observers hailed the collapse as the final victory of capitalism over socialism. Capitalist corporate economies seemed to be the undisputed winner. But this may be a misperception of what actually happened. Much more might have crumbled than just centrally planned economies. What is in crisis are large bureaucratic structures in general, which have difficulties in adapting to the rapid change which the world has been undergoing since the 1970s. Giant multinational corporations, rather than being the big winners after the demise of communism, might just be next for the chop. They may be too similar to the large combines into which many of the socialist economies were organised. As a result, they may not be much more viable than corporate structures in socialist countries finally turned out to be.
