The Theory of Peasant Co-operatives is the first translation of Chavanov's study of the transformation of the peasant economy within a market economy, and his prescription for the development of Russian agriculture. Predicting remarkably accurately the negative aspects of Stalin's collectivization programme, the hook offers a realistic alternative. Chavanov argues that the success of the co-operative system is dependent on combined development linking diverse form'. of farming organization. Although written in the 1920s, the theoretical concepts and practical insights Chavanov offers are...