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The Economic System As An End Or As A Means And The Future Of Socialism And Capitalism: An Evolutionary Viewpoint

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  • Alberto Chilosi

    (University of Pisa)

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.

Suggested Citation

  • Alberto Chilosi, 2003. "The Economic System As An End Or As A Means And The Future Of Socialism And Capitalism: An Evolutionary Viewpoint," Development and Comp Systems 0305003, University Library of Munich, Germany, revised 14 Sep 2003.
    • Handle: RePEc:wpa:wuwpdc:0305003
    Note: Type of Document - pdf; prepared on windows xp; to print on any; pages: 23 ; figures: included
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    File URL: https://econwpa.ub.uni-muenchen.de/econ-wp/dev/papers/0305/0305003.pdf
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    References listed on IDEAS

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    1. Bergson, Abram, 1992. "Communist Economic Efficiency Revisited," American Economic Review, American Economic Association, vol. 82(2), pages 27-30, May.
    2. Robert J. Gordon, 2000. "Does the "New Economy" Measure Up to the Great Inventions of the Past?," Journal of Economic Perspectives, American Economic Association, vol. 14(4), pages 49-74, Fall.
    3. Corneo, Giacomo, 2005. "Work and television," European Journal of Political Economy, Elsevier, vol. 21(1), pages 99-113, March.
    4. Samuel Bowles, 1998. "Endogenous Preferences: The Cultural Consequences of Markets and Other Economic Institutions," Journal of Economic Literature, American Economic Association, vol. 36(1), pages 75-111, March.
    5. Dan Anderberg & Fredrik Andersson & Alessandro Balestrino, 2001. "Time, Self-Selection and User Charges for Public Goods," FinanzArchiv: Public Finance Analysis, Mohr Siebeck, Tübingen, vol. 57(2), pages 137-154, March.
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    Cited by:

    1. Pasquale Tridico, 2006. "Institutional change and human development in transition economies," Departmental Working Papers of Economics - University 'Roma Tre' 0059, Department of Economics - University Roma Tre.

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    More about this item

    Keywords

    socialism; capitalism; third sector; socialization of consumption;
    All these keywords.

    JEL classification:

    • P1 - Political Economy and Comparative Economic Systems - - Capitalist Economies
    • P2 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies
    • P3 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions

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