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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/10011258007
Comparative analysis of CSR allows characterizing both corporate society and market institutions. Even though transition economies have backwardness of corporate governance institutions and include premature CSR, Russian CSR, paradoxically speaking, can be regarded as hyper one, and specific...
Persistent link: https://www.econbiz.de/10009018855
the free enterprise, capitalism and competition because prosperity represents is the crossroad between the self interests …
Persistent link: https://www.econbiz.de/10010283049
For the past decade, the sharing economy has not only grown but also expanded to cover a wide variety of different activities across the globe. Despite a lot of research, there is still no agreement on how to define and measure the sharing economy, and no consensus on whether the sharing economy...
Persistent link: https://www.econbiz.de/10012615448
Capitalism has always faced three normative accusations: critics claim that it leads (a) to the impoverishment of … accusations are not justified. (a) Under capitalism, people, especially workers, are getting richer and live longer, healthier and … according costs. (c) Capitalism promotes cooperation and open-mindedness. It strengthens trust in institutions and reduces …
Persistent link: https://www.econbiz.de/10014309861
The “use value” of assets in the classical paradigm allowed distinction between those held by capitalists and those held by rentiers. Most small businesses in the United States operate more akin to the model of rentiers than capitalists. Ironically, long run equilibrium in the Marshallian...
Persistent link: https://www.econbiz.de/10005012417
This work is a PhD dissertation, written at the Department of Economics, McGill University. The thesis offers a new framework for inflation as a process of restructuring. Contrary to existing theories of inflation, which tend to take structure and institutions as given for the purpose of...
Persistent link: https://www.econbiz.de/10005789620
Mature capitalism and market economy realities become intelligible also by scrutinizing their “prodigal children …
Persistent link: https://www.econbiz.de/10011820306
East Asian capitalism group within the VoC (variety of capitalism) typologies. There are strong signs that these economies …-evaluates East Asian capitalism in the context of the CVOID-19 pandemic, which has suddenly halted globalisation and further … questioned the superiority of shareholder capitalism associated with financialisation and globalisation. It proposes rebalancing …
Persistent link: https://www.econbiz.de/10014351956
Deirdre McCloskey argues that rhetoric and ideas were essential for the rise of capitalism in the Netherlands in the … Dutch capitalism. This article aims to situate McCloskey's work within this literature, with the hope for more discussion in …
Persistent link: https://www.econbiz.de/10012964267