 IntroductionChapter Chapter 1 in Consistency and Viability of Capitalist Economic Systems, 2013, pp 1-8 from Palgrave Macmillan Abstract: Abstract If we are to understand, and form an opinion about, the restructuring process in any economy, it is essential to view the economic system in a broad social science context that incorporates economic and political relationships, as well as ideology, the external environment, and the process of reforms. To understand changes in an economic system, it is essential to analyze all the relationships that influence economic choices; therefore, we must examine the structure of the political authorities and the state, the prevailing ideology, and the external environment and the process of reform. The purpose of the analytical framework developed in this text is to remedy this neglect of the political and ideological elements, the external environment, and the process of reform, which has been explicit or implicit in the study of economic systems. By placing these structures endogenously in an analytical framework, we can incorporate all the elements that influence economic choices, decisions, and outcomes. Keywords: External Environment; Economic System; Analytical Framework; Evolutionary Approach; Capital Good (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-08087-5_1 Ordering information: This item can be ordered from Access Statistics for this chapter More chapters in Palgrave Macmillan Books from Palgrave Macmillan |
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