The Market Economy and Its Alternatives: A Review
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The Market Economy and Its Alternatives: A Review
This is a work in comparative political economy.
Markets dominate the allocation of resources in the contemporary world. They determine prices, shape the distribution and exchange of goods and services, and influence production decisions. The purchases of households and firms largely determine what industries produce. Meanwhile, competition and customer choice drive efficiency and innovation. Most economic assets are privately owned.
However, m...
This is a work in comparative political economy.
Markets dominate the allocation of resources in the contemporary world. They determine prices, shape the distribution and exchange of goods and services, and influence production decisions. The purchases of households and firms largely determine what industries produce. Meanwhile, competition and customer choice drive efficiency and innovation. Most economic assets are privately owned.
However, m...






















