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The Law on Cooperatives was a major economic reform implemented in the Soviet Union during General Secretary Mikhail Gorbachev's
perestroika ''Perestroika'' (; russian: links=no, перестройка, p=pʲɪrʲɪˈstrojkə, a=ru-perestroika.ogg) was a political movement for reform within the Communist Party of the Soviet Union (CPSU) during the late 1980s widely associated wit ...
and glasnost reforms. It was implemented in May 1988, allowed for independent worker-owned cooperatives to operate in the Soviet Union, as opposed to just
state-owned enterprises A state-owned enterprise (SOE) is a government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn profit for the governme ...
, and gave guidelines as to how these cooperatives should be managed. While originally the law imposed high taxes and restrictions on employment, it was eventually revised so as not to discourage activity within the private sector.


See also

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History of the Soviet Union (1982–91) The history of Russian Soviet Federative Socialist Republic#Early years (1917–1920), Soviet Russia and the Soviet Union (USSR) reflects a period of change for both Russia and the world. Though the terms "Soviet Russia" and "Soviet Union" ofte ...
*
Perestroika ''Perestroika'' (; russian: links=no, перестройка, p=pʲɪrʲɪˈstrojkə, a=ru-perestroika.ogg) was a political movement for reform within the Communist Party of the Soviet Union (CPSU) during the late 1980s widely associated wit ...
*
Uskoreniye ''Uskoreniye'' ( rus, ускорение, p=ʊskɐˈrʲenʲɪɪ; literally meaning ''acceleration'') was a slogan and a policy announced by Communist Party General Secretary Mikhail Gorbachev on 20 April 1985 at a Soviet Party Plenum, aimed a ...
* Glasnost *
Demokratizatsiya (Soviet Union) ''Demokratizatsiya'' ( rus, демократизация, p=dʲɪməkrətʲɪˈzatsɨjə, '' democratization'') was a slogan introduced by Soviet Communist Party General Secretary Mikhail Gorbachev in January 1987 calling for the infusion of ...
* Enterprises in the Soviet Union *
Economy of the Socialist Federal Republic of Yugoslavia Despite common origins, the economy of the Socialist Federal Republic of Yugoslavia (SFRY) was significantly different from the economies of the Soviet Union and other Eastern European socialist states, especially after the Yugoslav-Soviet ...
*
Market socialism Market socialism is a type of economic system involving the public, cooperative, or social ownership of the means of production in the framework of a market economy, or one that contains a mix of worker-owned, nationalized, and privately owned ...
* Titoism * Workers' self-management


References

Economic history of the Soviet Union Soviet law 1988 in the Soviet Union
Cooperatives A cooperative (also known as co-operative, co-op, or coop) is "an autonomous association of persons united voluntarily to meet their common economic, social and cultural needs and aspirations through a jointly owned and democratically-contro ...
Cooperatives in the Soviet Union Market socialism Mikhail Gorbachev {{law-stub