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The Fall and Rise of the Market in Sandinista Nicaragua is an insightful look at the difficulties that arise when a particular vision of socialism is applied in a country such as Nicaragua. Phil Ryan argues that the Sandinistas pursued a project of social transformation inspired by a Marxism much more orthodox than has been widely recognized. He maintains that tensions between this project and other factors such as war and external debt led to the severe economic crisis of the mid-1980s.