Preface -- Preface to the paperback edition -- Contents -- Part I: Marxist Socialism-the Promise -- 1 The Claim to Economic Rationality -- Part II: Real Socialism-the Disappointments -- 2 The Historical Regularity in Reverse -- 3 The Objective of Catching Up -- 4 The Command System -- Part III: Market Socialism-the Problems So Far -- 5 The Theoretical Response to Challenge -- 6 The Hungarian Practice -- 7 Central Planning with Regulated Market-the Flawed Model -- 8 The Yugoslav Lessons -- Part IV: Market Socialism-the Problems Ahead -- 9 The Capital Market and the Problem of Full Employment -- 10 The Question of Ownership -- 11 Concluding Remarks -- Notes -- Index -- A -- B -- C -- D -- E -- F -- G -- H -- I -- J -- K -- L -- M -- N -- O -- P -- Q -- R -- S -- T -- U -- V -- W -- X -- Y.