ABSTRACT

Yugoslavia is widely viewed as a laboratory where experiments are conducted in market socialism and worker self-management. As with other laboratories, the results of the experiments done there have significance beyond its own boundaries. In western countries, too, there is interest in the outcome of Yugoslav experiments: worker participation in decision-making has become a political issue in Sweden, Belgium, the United Kingdom and France, among others; and certainly in West Germany, with its system of co-determination, there is interest. During the past two decades a considerable amount of research has been done on Yugoslavia's economic system, the world's only market socialism. This introduction presents an overview of the key concepts covered in the subsequent chapters of this book. The book begins with a description of the internal structure of large Yugoslav enterprises. The main point is that in Yugoslavia divisionalization of firms is extensive and meaningful.