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Adam Smith, Soviet Style

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From: The Washington Post
Date: 19870204
Author:ROBERT J. SAMUELSON

Both Ronald Reagan and Mikhail Gorbachev made big speeches last week, but the news was in Gorbachev's. Reagan's State of the Union Message was predictably upbeat and contained few surprises. By contrast, Gorbachev had plenty of surprises for the Communist Party Central Committee. He made a very un-Soviet-like suggestion-that Communist Party members elect some of their officials-and continued his verbal assault on Soviet inefficiency. The country's economy, he said, has become overwhelmed by "report-padding, bribe-taking and {the} encouragement of toadyism. . . . "

Is Gorbachev about to ...

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