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Leo Katzen

In Africa, at least, all the socialist economies did badly [after independence]. (Many economies which were not avowedly socialist also did badly, but for much the same reasons as the socialist countries.) The few economies that did relatively well [Malawi, Ivory Coast and Kenya] gave much more freedom to market forces. ... There is now... a much greater consensus in both East and West and indeed in North and South that the informational and allocative efficiency of markets and the price system is an essential ingredient of economic and social progress.

1989 - from "Africa's man-made crisis", Encounter No. 72