Mises and Hayek in MP “Kremikovtzi”

Abstract

The synthesized review of Kremikovtzi's economic activity during the period of socialism reveals well-known, but also, intentionally or not, forgotten characteristics of the Bulgarian socialist economy. The shortcomings identified in Kremikovtzi are systemic and not so much related to the personal qualities of the people who worked in the individual proceedings. "Kremikovtzi" is a collective image of the economic reality in Bulgaria during the socialism era and indicative of the possibilities and results of the state-implemented industrialization of the country.