THE ECONOMIC SYSTEM AS AN END OR AS A MEANS AND THE FUTURE OF SOCIALISM AND CAPITALISM: AN EVOLUTIONARY VIEWPOINT

Alberto Chilosi ()

Development and Comp Systems from EconWPA

Abstract: 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 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.

Keywords: socialism; capitalism; third sector; socialization of consumption (search for similar items in EconPapers)
JEL-codes: P1 P2 P3 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-hpe and nep-tra
Date: 2003-05-30, Revised 2003-09-14
Note: Type of Document - pdf; prepared on windows xp; to print on any; pages: 23 ; figures: included
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Persistent link: http://EconPapers.repec.org/RePEc:wpa:wuwpdc:0305003

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