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free-riding. Collectivism and individualism in their extreme forms are being replaced by the culture of constructive …
Persistent link: https://www.econbiz.de/10011245928
This essay portrays the major currents in recent economic thinking against the orthodoxy and dogmatism of neoclassical economics. It places behavioral economics, experimental economics, evolutionary economics, ecological economics, new institutional economics, agent-based computational economics...
Persistent link: https://www.econbiz.de/10005619939
trust is positively related to IC. Individualism and collectivism (indcol) exhibits a statistically significant relationship …
Persistent link: https://www.econbiz.de/10005626877
unique evolution of western Europe" to a causative view that combines "Christian dogma" and English "individualism." This …
Persistent link: https://www.econbiz.de/10005790319
A new theory of capitalism is suggested. Its key moments and general logic are presented. This theory is based on the … competition" are admitted to be a functional norm of capitalism. Respectively, an equilibrium and "perfect competition" are …
Persistent link: https://www.econbiz.de/10011259286
"As we look over the country today we see two classes of people. The excessively rich and the abject poor, and between them is a gulf ever deepening, ever widening, and the ranks of the poor are continually being recruited from a third class, the well-to-do, which class is rapidly disappearing...
Persistent link: https://www.econbiz.de/10011260377
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...
Persistent link: https://www.econbiz.de/10011260991
commoditisation of labour power assuming the form of wage labour is specific to capitalism and the sole source of surplus value. This … paper, drawing from various strands of Marxian literature, argues that capitalism never existed in isolation in ‘pure’ and … signifies a confluence of separate processes, it overdetermines the existence and stability of capitalism by a complex …
Persistent link: https://www.econbiz.de/10009397157
implications are (b) the emergence of a new social formation that may be called World Market Capitalism, which has a vastly …
Persistent link: https://www.econbiz.de/10008596380
The transition of former socialist countries to capitalist economic system is modelled for the period between 1989 and 2007. The transition is entirely defined by three empirical parameters and the model describes only the evolution of real GDP per capita since the start of the disintegration of...
Persistent link: https://www.econbiz.de/10004961527