Do Not Make a Mistake in Choosing the Model
When people in our country today repeatedly insist that "there is no alternative to the market," they are frequently thinking of the American type of market, which is, moreover, regarded as a "pure market economy," However, the latter simply does not exist in the modern world. Th...
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Veröffentlicht in: | Problems of economic transition 1992-08, Vol.35 (4), p.13-24 |
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Format: | Artikel |
Sprache: | eng |
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Zusammenfassung: | When people in our country today repeatedly insist that "there is no alternative to the market," they are frequently thinking of the American type of market, which is, moreover, regarded as a "pure market economy," However, the latter simply does not exist in the modern world. The transition to a market under our conditions can only mean the transition from an economy in which virtually all processes are regulated by the state to a "mixed economy" in which, depending on the given point of view, state regulation is supplemented by market regulation or, conversely, market regulation is supplemented by state regulation. The correlations of the given principles may be different, as, incidentally, are the actual mechanisms used by both the state and the market to regulate the economy. It is one thing when there is quite a clearly expressed market of small producers, and it is another matter when the market is predominantly made up of monopolies. In practice, every country has its own special market... |
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ISSN: | 1061-1991 1557-931X |
DOI: | 10.2753/PET1061-1991350413 |