Saturday, February 12, 2011

Red Plenty

I revive this slumbering blog to offer a plug for Francis Spufford’s wonderful new book Red Plenty (London Faber & Faber, 2010).

"Is it a novel? Is it non-fiction? It all depends on your definitions. It tells a true story, but it tells it as a story. Whatever you call it, it’s about the moment in the mid-20th century when people believed that the state-owned Soviet economy might genuinely outdo the market, and produce a world of rich communists and envious capitalists. Specifically, it’s about the last and cleverest version of the idea - central planning via cybernetics - and about how and why, in the 1960s, it failed. To give the economics some human depth, Red Plenty generates a miniature Soviet Union on the page, peopled by scientists and politicians, fixers and managers, dreamers and cynics."

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