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„Comparative (Bio)Economic Systems” in Terms of Social Responsibility: The Natural Environment – Between Ideal Capitalism, Utopian Socialism and Real-World Interventionism

Author

Listed:
  • Mihaela Iacob

    (Bucharest University of Economic Studies, Bucharest, Romania)

  • Rodica Gherghina

    (Bucharest University of Economic Studies, Bucharest, Romania)

  • Georgiana Camelia Cre?an

    (Bucharest University of Economic Studies, Bucharest, Romania)

Abstract

Comparative judgements related to economic systems (along with pending political ideologies) represent a subject of investigation that, at first glance, appertains to the “ABC” of social sciences, although the “literacy” of policy-makers, business officials, or public opinion reveals surprising understanding flaws. The academic environment – where there is a tacit consensus on the interdisciplinary character of such an approach, on the perpetual relevance within the various (sub)disciplines, and on the somewhat exhaustion of the subordinated debates – remains subtly divided on a series of theoretical delimitations or historical evidence. This article aims to highlight a (sub)domain of the comparative analysis regarding the economic systems in which the literature is not as polarized as it is rarefied: what roots and reverberations does “social responsibility” have within the main economic systems and where and how its “ecological sustainability” component manifests itself? The present research targets to critically and originally review, in a “bioeconomic” key, the way in which social responsibility underlying sustainability is perceived, penetrated and practiced within pure liberal capitalism / market economy, canonical socialism / command economy, and real-world interventionism / mixed economy, offering both a priori insights and empirical illustrations.

Suggested Citation

  • Mihaela Iacob & Rodica Gherghina & Georgiana Camelia Cre?an, 2019. "„Comparative (Bio)Economic Systems” in Terms of Social Responsibility: The Natural Environment – Between Ideal Capitalism, Utopian Socialism and Real-World Interventionism," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 21(52), pages 707-707, August.
  • Handle: RePEc:aes:amfeco:v:21:y:2019:i:52:p:707
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    References listed on IDEAS

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    Cited by:

    1. Octavian-Dragomir Jora & Matei-Alexandru Apăvăloaei & Vlad I. Roșca & Mihaela Iacob, 2020. "“Mens Sana in Sound Corporations”: A Principled Reconciliation Between Profitability and Responsibility, With a Focus on Environmental Issues," Sustainability, MDPI, vol. 12(4), pages 1-22, February.

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    More about this item

    Keywords

    social responsibility; bioeconomy; economic systems; capitalism; socialism; interventionism; sustainability.;
    All these keywords.

    JEL classification:

    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • P50 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems - - - General
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

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