The Economic System As An End Or As A Means And The Future Of Socialism And Capitalism: 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 EconWPA in its series Development and Comp Systems with number 0305003.
Length: 23 pages
Date of creation: 30 May 2003
Date of revision: 14 Sep 2003
Note: Type of Document - pdf; prepared on windows xp; to print on any; pages: 23 ; figures: included
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socialism; capitalism; third sector; socialization of consumption;
Find related papers by JEL classification:
- P1 - Economic Systems - - Capitalist Systems
- P2 - Economic Systems - - Socialist Systems and Transition Economies
- P3 - Economic Systems - - Socialist Institutions and Their Transitions
This paper has been announced in the following NEP Reports:
- NEP-ALL-2003-06-04 (All new papers)
- NEP-HPE-2003-06-04 (History & Philosophy of Economics)
- NEP-TRA-2003-06-04 (Transition Economics)
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