Munich Personal RePEc Archive

The economic system as an end or as a means and the future of socialism: an evolutionary viewpoint

Alberto, Chilosi (2012): The economic system as an end or as a means and the future of socialism: an evolutionary viewpoint.

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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.

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