Journal ArticleDOI
What is the Alternative for the East? Neither Orthodox Marxism nor Capitalism but “Literal Socialism”
TLDR
In the East even a larger number of people, including economists (who are not activists), seriously believe that in view of their shortages and meagre incomes capitalism would be a better alternative as mentioned in this paper.Abstract:
Whenever capitalism in the West appears to be dragging with unresolved problems, then quite a few people, including professional economists, begin to think that perhaps socialism is a better alternative. Conversely, in the East even a larger number of people, including economists (who are not activists), seriously believe that in view of their shortages and meagre incomes capitalism would be a better alternative.read more
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New and Old Foundations of Economic Analysis
TL;DR: The first Principia Mathematica (1686) by Sir Isaac Newton with reference to natural philosophy and his system of the world has largely contributed to the first revolution in scientific thinking in modern times as mentioned in this paper.
Journal ArticleDOI
Basic Causes of Soviet Industry's Low International Competitiveness
TL;DR: In this paper, the authors examined why Soviet industrial and especially engineering products are not, as a rule, internationally competitive, although the USSR, for nearly half a century now, ranks second in world industrial and engineering output.
Journal ArticleDOI
The Ethical Numeraire
TL;DR: In this article, the authors developed an ethicoeconomic general equilibrium system that is based on a well defined ethically oriented choice of goods that imparts an ethical motivation to the activities of consumption, production and distribution.
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Towards a New Principia Politica: The Third Revolution in Political Science
TL;DR: A solution prolegomena to any future study in economics, finance and other social sciences has just been published by the International Institute of Social Economics in care of the MCB University Press in England.
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An American‐British economic, monetary, financial and social stabilization plan: a new vision of how to solve the malaise of the twentieth century in the Western world
TL;DR: In this article, a new economic philosophy based on a synthesis between classical and modern thinking, called here the new economics of unified knowledge, is applied to solve the malaise of the twentieth century which resulted from a confusion between thinking in terms of stable equilibrium on the one hand and disequilibrium or unstable equilibrium (in case of stagnation) on the other.
References
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Book
Toward a Third Revolution in Economic Thinking
TL;DR: This article made a distinction between those who reason about the given problems in terms of stable equilibrium (most of them classicists) and those who do their thinking in terms either of unstable equilibrium (actually stable disequilibrium) and sheer disequilibria (most modern and contemporary scientists).
Journal ArticleDOI
What is the Alternative for the West? Neither Capitalism nor Socialism but “Social Liberalism”: The San Diego Manifesto of the Principles for the Good, Free and Just Society and Economy of Tomorrow
TL;DR: Andre Gide's prophetic words during an interview at Karlsbad in 1933: “Hitler represents a delay in the progress of humanity. There will be another peaceful Revolution in Spirit, different from Capitalism, Socialism,Communism and Fascism, which will guide the development of humanity to its right destination as discussed by the authors.
Book
Karl Marx: The Social Theorist
TL;DR: In this paper, a brief analysis of the imperfections of the capitalist society is undertaken for the purpose of revealing the evils which Marx sought to eliminate by revolution of the most violent sort.