The economic system as an end or as a means and the future of socialism: an evolutionary viewpoint
AbstractAfter the demise of “real” socialism and the decline of “western” socialism, socialism can be salvaged as a social preference system oriented towards equality and social justice, to be implemented without systemic constraints in the organizational and institutional sense. At the same time there is a case for maintaining an institutional framework allowing different forms of economic organization,capitalist and non-capitalist,to compete on equal footing, in an evolutionary perspective, thus allowing the second to develop if proven efficient. Another way for a spontaneous extension of the domain of socialism could derive from the socialization of consumption, if the consumption of public goods continues to make up a growing component of real consumption.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 37828.
Date of creation: 02 Apr 2012
Date of revision:
Socialism; Capitalism; Socialization of Consumption;
Find related papers by JEL classification:
- P50 - Economic Systems - - Comparative Economic Systems - - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-04-10 (All new papers)
- NEP-EVO-2012-04-10 (Evolutionary Economics)
- NEP-HME-2012-04-10 (Heterodox Microeconomics)
- NEP-PKE-2012-04-10 (Post Keynesian Economics)
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