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George Orwell's famous fictions, Animal Farm and Nineteen-Eighty Four were intended to advocate democratic socialism by portraying undemocratic forms of socialism as totalitarian. For Orwell, democracy was a political institution which would limit the abuse of power. But there are several...
Persistent link: https://www.econbiz.de/10011195664
Persistent link: https://www.econbiz.de/10010959968
The thesis is devoted to studying the role of systemic contradictions in social development, the consideration of objective reasons and the conditions of their occurrence, the relationship of systemic contradictions with the processes of formation of social interests, as well as the construction...
Persistent link: https://www.econbiz.de/10011108095
From a broad philosophical framework, this paper addresses the relation between freedom and economic performance. It argues for the thesis that, although a liberal system does not guarantee absolute harmony, is the only "convenient" and morally valid for a modern society. The core of this...
Persistent link: https://www.econbiz.de/10011109963
New Institutional Economics has developed considerably over the last twenty years, qualifying as a "progressive research program". This program is based on a hard core of concepts that apply to well identify objects: the alternative modes for organizing transactions, the institutional...
Persistent link: https://www.econbiz.de/10005078910
of state intervention have arisen, and the interest for social choice theory has revived. In this paper we consider three …
Persistent link: https://www.econbiz.de/10011039162
In this paper it is argued that the domestic division of labor and trade is organized according to the same principle as the international division of labor and trade – the Ricardian comparative advantages. After all, the ultimate source of these comparative advantages is the individual. The...
Persistent link: https://www.econbiz.de/10005642399
Orwell's famous fictions, Animal Farm and Nineteen Eighty-Four criticized totalitarian forms of socialism from a Public Choice perspective, assuming that socialism would work as an economic system as long as the proper political institutions were in place to curb the potential for the abuse of...
Persistent link: https://www.econbiz.de/10011195655
. In fact, any human action is the outcome of a process of thought which means that there is no action without theory …. Therefore, the necessity of theorizing is not debatable, but the important problem is to select the most relevant theory. From … this point of view it is striking that most commentators did not refer to the most relevant theory to explain the recent …
Persistent link: https://www.econbiz.de/10010786616
In the fields of social choice, public choice and political economics, the main difference between private and political choice is whether individual preferences are aggregated to make a decision. A much less studied difference is whether beliefs are aggregated to make a decision. In this paper,...
Persistent link: https://www.econbiz.de/10005537003