An essay on economic systems: a teleological approach
This classic formulation fo the theoretical relationship between socio-political institutional framewroks and economic doctrines, and their implications for economic policy and specific economic developments by the distinguished, late Czech ecnomist, Karel Englis, while specifically concerning Czechoslovakia, transcends the confines of any particular country.
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The Polarity of Economic Systems
The Solidarist System
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according activity allocation balance of payments basis Brno capitalism capitalist care-exercising agent cartels citizens competitive concept consumers controlled economy cooperative system corresponding currency Czechoslovak Crown demand depends derived determined disutility economic rationality economic systems economic units egoism entrepreneurs equilibrium prices exchange rate exercise exists exports foreign exchange foreign exchange market formal-political structure FrantiSek Weyr free-market health and culture Hence hospoddfstvi households ideal imports income individual individualistic systems interest rates Karel EngliS labor cost legal norms legal order living logical maintain and improve market-clearing material function means Melantrich monetary unit national cooperation national economy national product nexus nomic objective utility Obzor organization output personal solidarity postulates Prague Praha principle production and consumption Professor Ivo profit purpose relationship relative utility sector social solidarist economy solidarist ethic solidarist system Soustava subjective valuation teleological theory trade viewpoint wage rates wants welfare workers