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The economic system as an end or as a means and the future of socialism: an evolutionary viewpoint

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  • Alberto, Chilosi

Abstract

After 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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  • Alberto, Chilosi, 2012. "The economic system as an end or as a means and the future of socialism: an evolutionary viewpoint," MPRA Paper 37828, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:37828
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    References listed on IDEAS

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    Cited by:

    1. Emilio Carnevali & André Pedersen Ystehede, 2023. "Is socialism back? A review of contemporary economic literature," Journal of Economic Surveys, Wiley Blackwell, vol. 37(2), pages 239-270, April.

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    More about this item

    Keywords

    Socialism; Capitalism; Socialization of Consumption;
    All these keywords.

    JEL classification:

    • P50 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems - - - General

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