Science topic
Capitalism - Science topic
Capitalism is a political and economic system characterized by individual rights, by private or corporate ownership of capital goods, and by prices, production, and the distribution of goods that are determined mainly by competition in a free market. (From Merriam-Webster's Collegiate Dictionary, 10th ed)
Questions related to Capitalism
I am aware that American Fisheries Society moved to capitalization of all common names (i.e. Lake Trout), but ICZN (International Code of Zoological Nomenclature) does not. Are there generally accepted rules for plants, birds, and animals? Example of what we are editing: "...The Round goby (Neogobius melanostomus) and water chestnut (Trapa natans) are two ...." or "....be within 2 km of bank swallow nest colonies." Finally, "others were mostly targeting smallmouth bass, followed by walleye, carp, northern pike, channel catfish, and freshwater drum, respectively." I am aware this is a can of worms.
Have you ever read this article?
Muñoz, Lucio, 2021. Sustainability thoughts 110: Linking perfect red market theory to the circular red economy, In: CEBEM-REDESMA Boletin, Año 15 Nº 1, January, La Paz, Bolivia.
Have you ever read this article?
Muñoz, Lucio, 2020. Sustainability thoughts 108: Can we approach socially friendly capitalism through social externality management? If yes, how can this be done?, In: CEBEM-REDESMA Boletin, Año 14 Nº 8, December, La Paz, Bolivia.
Do you know the externality structure and market illusion of markets other than the traditional market?
Have you ever read this article?
Muñoz, Lucio, 2020. Sustainability thoughts 105: An overview of the externality structure of all possible markets and of the specific market illusion under which each of them operates, Boletin CEBEM-REDESMA, Año 14, No.6, November, La Paz, Bolivia.
"Is anyone interested in collaborating on research exploring international relations and diplomatic ideologies through the lenses of Communism and Capitalism?"
Have you ever read this article?
Muñoz, Lucio, 2016. Karl Marx Vrs Sustainability Markets: Who Would Have Won this Cold War? Would the World of Karl Marx Have Existed Then?, Boletin CEBEM-REDESMA, Año 9, No. 6, July, La Paz, Bolivia.
Using present-absent effective targeted chaos and independent rule of law theory where the true majority view(T) competes with the true minority view(M) for access to power, the structure of two forms of liberal democracies and permanent authoritarianism can be stated as follows,
where
E = effective targeted chaos present,
e = effective targeted chaos is absent,
I = Fully independent rule of law system is present,
i = fully captured independent legal system = Fully non-independent legal system
Normal liberal democracy = NLD = (T.M)(eI)
Extreme liberal democracy = ELD = (T.M)(EI)
Permanent authoritarianism = PA = (T.M)(Ei)
So the question: Can you see how the structure of the death of liberal democracies can be stated in terms of effective targeted chaos and fully captured independent legal systems?
What do you think?
Have you ever read this article? Some food for thoughts here:
Muñoz, Lucio, 2015. Moral and Practical Sustainability Gaps: Implications for the Current Liberal Development Model, Weber Sociology & Anthropology (ISSN:2449-1632), Vol. 1 (4) 2015, Article ID wsa_149, 317-320.
Have you ever read this article?
Muñoz, Lucio, 2013. Utilitarianism, Raw Liberalism, Moral Liberalism, and True Sustainability: Basic Paradigm Foundations, Changing Assumptions, and the Evolution of Development Paradigms, In: The Mother Pelican Journal, Vol. 9, No. 1, January, Ed. Luis Gutierrez, PhD, USA.
Are you familiar with the lessons learnt from the coming and going of BREXIT/Brexism and USEXIT/Trumpism in 2016-2024?
Here is a simple academic way of looking at the NEW LIBERAL DEMOCRACY LANDSCAPE where you have normal democratic outcomes competing for power against extreme democratic outcomes….
Muñoz, 2024. Rethinking democracy 102: What are the 3 fundamental lessons learned from facing exism movements and dictatorship threats 2016-2024?. In: CEBEM-REDESMA Boletin, Año 18, Nº 11, La Paz, Bolivia.
Muñoz, Lucio, 2010. "Introducing a Simple Qualitative Comparative Dichotomy Approach to State and Clarify Sustainable Development and Sustainability Related Concepts and Issues”, Journal of Sustainability, Issue 2, Number 4(Spring), Rio Rancho, New Mexico USA.
Muñoz, Lucio, 2002. “Maximization, Partial Regulation, and System Dominance: Can They Be Drivers of True Sustainability?”, In: International Journal on Environmental Management and Health, Walter Leal Filho, PhD(Ed), Vol. 15, No. 5, Pp. 545-552, MCB University Press, Germany/Sweden
You are families with coming and going of exism movements like Brexism 2016-2024, Trumpism 2016-2020, Brazilianism 2019-2023, and other exism movements still active out there, and this raises the question, Can exism movements gain power and/or remain in power without the existence of effective targeted chaos?
I think No. What do you think?
Since 2016 Brexit, the world needed to change the thinking behind traditional democracy as the democratic landscape changed, yet traditional democratic thinkers and actors have been acting as if the competition for power is STILL BETWEEN NORMAL DEMOCRATIC OUTCOMES that are happy to live within an independent rule of law system, when it is no longer the case as now a new variable came into play, legal targeted chaos, that when effective it is a game changer as it leads to extreme democratic outcomes that should be expected to be unhappy living under an independent rule of law system. To be able to answer general questions as the one here, we need to rethink democracy thinking.
And this raises the question: In terms of chaos, what is the necessary and sufficient condition for authoritarianism, permanent or temporary, to come to exist and persist?
What do you think is the answer to this question is from the point of view of just CHAOS?
Perfect democracy thinking assumes no chaos so no need for independent rule of law system and liberal democracies assume the possibility of normal democratic chaos that can be sorted out by an independent rule of law system.
So when rethinking democracy we have to think now about normal chaos, targeted chaos, and effective targeted chaos affecting voting complacency under an independent rule of law system so we can explain both the coming and going of normal and extreme democratic outcomes within liberal democracies in terms of normal and extreme democratic outcome competition....,
And this raises a key current question that was made relevant by the coming and going of 2016 Brexit/Brexism and 2016 Usexit/Trumpism:
What is effective targeted chaos?
What do you think?
Keep in mind: This is an academic question, not a political one.
Exism movements after gaining power within liberal democracies under majority rule and independent rule of law system become permanent dictatorship threats, but why this is the case is not clear yet apparently neither to politician's pro and contrary to exism movements, and this raises the question: Why do exism movements once in power become permanent dictatorship threats within liberal democracy thinking under majority rule and independent rule of law system?
What do you think is the reason why?
Note;
This is an academic question, not a political one.
Evolutionary fitness is based on an organism’s ability to adapt rapidly to changing environmental circumstances. Large-bodied mammals have been equipped with large brains (and hence a high information storage and transfer capacity, Tehovnik and Chen 2015), so that they can readily adjust their behavior to change. Now that the planet is heating up because of CO2 emissions caused by that large-brained species, Homo sapiens (Hansen et al. 1981), it is up to them to adjust their behavior from an economic growth-to-bust model (which is the model used by ant colonies, Wilson 2012) to a sustainability model which is in keeping with the way the indigenous tribes of the Amazon, for example, have subsisted for millennia (Everett 2016). Most who are in love with the HBO series ‘Succession’ and who have been indoctrinated by Milton Friedman and the Austrian School of Economics consider ‘Sustainability’ a code word for ‘Communism’. But nature does not care what one calls it (see Jeffrey Sachs 2024 on sustainability/YouTube).
Here are some facts about fitness according to the evolutionary behaviorist, Barbara Finlay, summarized. The smallest and largest primates differ by a thousand-fold in body size. This translates from three to nine orders of magnitude in potential population growth rate: “A female mouse lemur (Microcebus murinus) born at the same time as a female gorilla (Gorillas gorilla) could leave 10 million descendants before the gorilla becomes sexually mature.” (Harvey, Finlay et al. 1989, p. 14) Nevertheless (despite the reduced fecundity), large animals typically have fewer predators thereby increasing the chances of survival; but on the other hand, an natural disaster that damages the food chain will be most devastating to large animals as happened to the dinosaurs 65 million years ago (Alverez et al. 1979). The longest a human can live without food and water is about one week, which means that being confronted with such a condition it is impossible for a newborn human to reach sexual maturity. In short, the larger the organism the more devastating a natural disaster (note the infant deaths in current-day Gaza). Animals with a short reproductive cycle have an advantage here, and it is this advantage that allowed small mammals to replace dinosaurs (and evolve into large-brain mammals), as the earth recovered from its fifth extinction.
You see internal and external dynamics in majority rule-based countries with actual extreme democratic outcomes at play and in countries with want to be extreme democratic outcome around, all majority ruled based countries, but even though this has been going on since just before 2016 BREXIT and 2016 USEXIT and continues today with the coming of an extreme democratic outcome in Argentina...
Yet politicians in normal democratic outcome run countries have not yet CLEARLY figured out that the idea that DEMOCRACY is a mess within democratic competitors like NORMAL DEMOCRATIC OUTCOME AGAINS NORMAL DEMOCRATIC OUTCOME, where both are normal democratic outcomes with the best interest of the majority at hand but different approach has CHANGED as when competition is between A NORMAL DEMOCRATIC OUTCOME VERSUS AN EXTREME DEMOCRATIC OUTCOME the nature of the MESS changes as the extreme democratic outcome is not restricted or bound or it does not believe in the democratic values and rules under which it is born; and hence, cometition has a different structure. Hence, the way democratic outcomes compete with extreme democratic outcome needed to change since 2016, but it has not changed yet.
It seems normal democratic outcome run countries appear to be still following normal democratic theory when competing with EXTREME DEMOCRATIC THEORY/ exism theory, which indicates why they have been more often than expected been taken victim of the Murphy’s law under efficient targeted chaos.
Hence, everything changes when we shift from normal democratic outcome to extreme democratic outcome in majority ruled based countries, both internally (extreme democratic outcome vrs normal democratic outcome) and externally (extreme democratic outcome-based country versus normal democratic outcome-based country, and there is a reason to rethink to keep democratic norms where the best interest of the majority, not the minority, rules under majority rule democratic based systems.
And this raises the question: Does paradigm exism theory explain why normal democratic outcome-based countries should not be expected to get along with extreme democratic outcome-based countries?
What do you think? What is your view on the answer to this question.
Hippocratic Oath in liberal capitalism seems as just ceremony while new medical-drs getting their diplomas !?
De plus en plus il est observé dans divers coins du monde un retour au nationalisme économique. Des revendications multiples fusent des politiques et même des populations sur les habitudes de consommation, l'emploi et la monnaie comme le cas de la dédollarisation. Deux concepts sont de plus en plus évoqués "Transformation structurelle et import substitution". Quel avenir pour le capitalisme dominant ?
Doubling down on the traditional economic thinking that as documented by the WCED 1987 led to the critical social and environmental sustainability problems of the day they tried to fix with sustainable development thinking and according to the UNCSD 2012 Rio +20 had led to the environmental sustainability problem they prioritized to fix with green market thinking or to manage it through dwarf green market thinking, just by making it circular. If you bend a line with dots as problems and make it a circle, the circle still has the dots problems that are or were on the line
.
Hence, defining traditional economic thinking as circular does not solve the problems associated with it and it goes against the paradigm evolution rules that Thomas Kuhn advance as IT GOES FROM STATUS QUO PARADIGM(Broken circularity by assumption based traditional economic thinking/Economy only market) TO STATUS QUO PARADIGM(Circularity based traditional economic thinking/Economy only market) WITHOUT REMOVING THE ABNORMALITIES CREATING THE SUSTAINABILITY PROBLEMS ASSOCIATED WITH THE WORKING OF THE STATUS QUO PARADIGM, abnormalities that now 2024 are in worse state than in 1987.
Just calling something green does no make it environmentally friendly like defining pollutants as non-pollutants does not make them environmentally friendly, they are still pollutants or just by calling a pollution production market a circular market does not stop it from being a pollution production market.
Going from linear traditional capitalism to circular traditional capitalism when we should be in higher level paradigms as the WCED 1987 indicated as the social and environmental system continue to deteriorate to extreme points feeds in the pretending story that is being used and will be used to justify overthrowing capitalism to save society and the environment from total destruction from, what it will be called, by an out of control circular capitalism.
And this leads to the question, should we expect the imposition of circular economy-based capitalism to lead to a tsunami of different types of Marxism threats in the future all over the world as social and environmental systems deteriorate to critical points?
I think Yes, what do you think?
Notice, this is an academic question, not a political one
We academics love our coffee and our computers, but we are also supposed to think critically. With this is in mind, should coffee shops ban laptops?
Some folks are saying they should:
The question is which arguments emerge as most compelling, so what are your thoughts?
Respectfully, at least the modern version of liberalism is the natural result of the equality thesis that still acknowledges heritability to further diversity, equity and inclusion. Whereas conservatism directly denies heritability or dodges the question. Also conservatism does less to oppose racial animosity. Hence why liberalism usually wins being both more fair and more sustainable. Also the metaphysics of liberalism(universalist Christianity) are stronger. Plus Universal Eternal Salvation is the most parsimonious afterlife.
Sources
I think No, what do you think?
I am just GUESSING, NOT ADVOCATING
I have avoid addressing this topic for the obvious reasons that it´s highly sensitive and explosive. But having written about One Country, Two Systems 30 years ago...
what I would say should be treated as simply a time capsule for thinking about this mega-issue 30 years (i.e. 2053, when One Country, Two Systems have already expired in HK) from now...
Since there´s so much at stake for EVERY SIDES, my own perspectiveS are highly tinged by being IndoChinese (where Former South Vietnam does not exist within the Communists´conquest of US Imperialism), plus a decade in HK (1994 to 2003), and now having lived in Germany for many years (where Former Eastern Germany exists within the Triumph of the West).
I have tried to address an inter-related issue here obliquely in a way that confounds ResearchGate´s algorithms and other search engines. This entry is purely for HUMAN EYES:
My own SPECulation is buried here:
Mirror Mirror on the Wall, What Would It Take for China to Take Back Taiwan?
- The PRC would need to go beyond it´s CCP versus KMT Origin Story based on THE LONG MARCH.
- The TAIWAN QUESTION requires a Meta-Narrative that goes beyond the conquest of the PRC over the ROC.
- The TAIWAN QUESTION is really a residue from the COLD WAR, much in the same way that Germany, Vietnam, and Korea were/ are broken into two systems.
- Such a New Meta-Narrative would need to start with Zhou En Lai...
- But better yet, is to overcome the REVULSION/ SELF-HATRED for anything imperial and revisit the narrative(s) of the Middle Kingdom...
What are the REPUBLIC NARRATIVES, be that THE PEOPLE´s REPUBLIC or REPUBLIC of CHINA?
The concept of a "republic" generally refers to a form of government in which the country is considered a "public matter," and political power is derived from the people or their elected representatives. In the context of ancient China, the term "republic" may not be the most accurate descriptor, as the political structures of ancient China were more diverse and often centered around monarchies, dynasties, and imperial rule.
However, if we broaden the scope to include later periods in Chinese history, particularly the 20th century, the idea of a republic becomes more relevant. The Republic of China (ROC) was established in 1912, following the overthrow of the Qing Dynasty and the end of imperial rule. The ROC marked a transition from dynastic monarchy to a more republican form of government. Sun Yat-sen, a key figure in the Xinhai Revolution, played a significant role in advocating for the establishment of a republic in China.
The meta-narrative of the Chinese Republic, particularly during its early years, could include:
- Nationalism: The overthrow of the Qing Dynasty and the establishment of the Republic of China were driven by a strong sense of nationalism. There was a desire to modernize and strengthen the country to counter external threats and regain its standing in the world.
- Modernization: The early leaders of the Republic of China, particularly Sun Yat-sen, sought to modernize the country. This included political, economic, and social reforms to bring China in line with Western powers and other modern nations.
- Struggles for Stability: The early decades of the 20th century in China were marked by internal strife, regional conflicts, and power struggles among different factions. The meta-narrative might involve the challenges of establishing a stable and unified government in the face of internal and external pressures.
- Ideological Shifts: The Republic of China witnessed ideological shifts, including the influence of different political ideologies such as nationalism, democracy, and socialism. These ideological dynamics contributed to the political landscape and struggles for governance.
It's important to note that the history of the Republic of China is complex and includes periods of war, foreign invasions, and internal conflicts, leading eventually to the establishment of the People's Republic of China in 1949. The narrative of the Chinese Republic is multifaceted and reflects the challenges and aspirations of a nation in transition from traditional to modern forms of governance.
What are the IMPERIAL NARRATIVES of the MIDDLE KINGDOM?
The term "Middle Kingdom" is often used to refer to ancient China, specifically during the period of the Zhou Dynasty (1046–256 BCE). However, it's crucial to note that the concept of a "meta-narrative" is a modern analytical framework, and applying it to ancient cultures requires some abstraction.
In the context of ancient China, the idea of a meta-narrative could be approached through the lens of historical and philosophical texts, such as the "Mandate of Heaven." The Mandate of Heaven was a political and religious concept used to legitimize the rule of the kings or emperors in ancient China. According to this idea, a ruler was granted the right to rule by divine approval, but this mandate could be withdrawn if the ruler failed to govern justly and in the best interests of the people.
Confucianism, Daoism, and Legalism are three major philosophical traditions that shaped the meta-narrative of ancient China:
- Confucianism: Emphasizing social harmony, ethical conduct, and filial piety, Confucianism had a profound impact on the political and social structure of ancient China. The meta-narrative here would involve the pursuit of a just and harmonious society through proper governance and moral behavior.
- Daoism (Taoism): Daoism, with its emphasis on the natural order (Dao) and the concept of Wu Wei (non-action), offered an alternative perspective. The meta-narrative could involve living in harmony with the Dao, advocating a more laissez-faire approach to governance and life.
- Legalism: Legalism, on the other hand, focused on strict laws and centralized control to maintain social order. The meta-narrative might revolve around the need for a strong, authoritarian government to prevent chaos and ensure stability.
The meta-narrative of the Middle Kingdom, therefore, could be seen as a complex interplay between these philosophical traditions, the dynamic relationship between rulers and the divine, and the ongoing quest for a balanced and just society.
It's important to approach these concepts with an understanding of the nuances and diversity of thought within ancient Chinese philosophy and not oversimplify the rich tapestry of ideas present in the historical and philosophical texts of the time.
What are MY LINEAGES/ ALLIGANCES?
I AM BOTH MICHAEL HALLIDAY & PIERRE RYCKMANS
Sydney University was their battle ground in terms of how Chinese should be taught. Halliday decamped to Macquarie University but his disciplines REMAINED in Sydney University.
What did Pierre Ryckmans think of June Fourth? Banal. I thought he was callous at the time. But now, I realised he was expressing a world weariness.
I now regret I didnot interview Michael Halliday on the matter.

While Clayton Christensen's theory of disruptive innovation shares some similarities with Joseph Schumpeter's concept of creative destruction, there are distinct differences in their perspectives, emphasis, and the application of these ideas to business and economics.
Joseph Schumpeter's Creative Destruction:
- Time of Origin:Schumpeter (1883–1950): Joseph Schumpeter introduced the concept of creative destruction in the mid-20th century, particularly in his work "Capitalism, Socialism, and Democracy" published in 1942.
- Economic Theory:Entrepreneurial Innovation: Schumpeter's focus was on the role of entrepreneurs in driving innovation and economic development. He highlighted the importance of entrepreneurs introducing new technologies, products, and processes that lead to the destruction of existing economic structures.
- Emphasis on Capitalism's Dynamics:Dynamic Capitalism: Schumpeter's concept was embedded within his broader analysis of capitalism's dynamic nature. He viewed innovation and entrepreneurial activities as inherent to capitalism, contributing to its cycles of creative destruction and renewal.
- Macro-Level Analysis:Societal Transformations: Schumpeter's concept extended beyond business and economics to broader societal transformations. He explored how innovation and the destruction of old structures contributed to the evolution of entire economic systems.
Clayton Christensen's Disruptive Innovation:
- Time of Origin:Christensen (1952–2020): Clayton Christensen developed his theory of disruptive innovation later in the 20th century. His seminal work, "The Innovator's Dilemma," was published in 1997.
- Business and Industry Focus:Corporate Strategy: Christensen's theory is more explicitly focused on corporate strategy, especially within established companies. He looked at how successful firms can fail to adapt to disruptive innovations due to their focus on sustaining innovations and meeting the needs of existing customers.
- Innovator's Dilemma:Strategic Challenges: Christensen introduced the concept of the innovator's dilemma, emphasizing the challenges faced by companies that are successful with sustaining innovations but struggle to respond to disruptive changes. He provided insights into why well-managed companies might fail when confronted with disruptive technologies.
- Focus on Specific Business Cases:Case Studies: Christensen's work often involved detailed case studies of specific industries, such as disk drives, steel, and excavators. He illustrated how disruptive innovations emerged and how established companies grappled with adapting to these changes.
Comparison:
- Scope and Application:Schumpeter: Creative destruction is a broader concept applicable to various societal and economic changes. Christensen: Disruptive innovation is more narrowly focused on strategic challenges within established companies.
- Micro vs. Macro Perspective:Schumpeter: Emphasizes the macro-level transformations in economic systems. Christensen: Focuses on the micro-level dynamics within companies and industries.
- Entrepreneurial Role:Schumpeter: Entrepreneurs play a central role in introducing innovations. Christensen: Explores how incumbent companies can struggle with disruptive innovations despite being led by skilled managers.
While Schumpeter's creative destruction laid the theoretical groundwork, Christensen's disruptive innovation theory brought these concepts into the realm of corporate strategy, providing valuable insights for businesses facing technological changes. Both perspectives contribute to our understanding of the dynamic nature of economic systems, albeit with different emphases and applications.
Generating food for thoughts:
It seems that the capitalist world does not realize yet that green marxism is a bigger threat than red marxism was to capitalism as usual as this time it is coming from within.
And avoiding going green markets since 2012 has played well, and it will continue to increasingly play well for the green marxism claim as pretending to do something when the situation is getting worse may backfire, which raises the question: What comes next after the fall of dwarf green markets, green marxism or green markets?
What do you think?
To what extent are RG members here concerned with the role of the imagination and its impact on our collective emergence into our socio-economic future?
Can the imagination and its output (individual or collective) be held against, for example, the output of AI models such as ChatGPT in reconciling future possibilities?
I would welcome a discussion around these questions as my new book concerning the Reimagining of Capitalism (https://vernonpress.com/book/1673) is shortly to be available.
I would am interested in views about how me might balance the potential of AI, against the potential of a human mind which possesses imagination.
Indian Capitalist Society is Constructed as per The Sanathana Dharma Concept. That the Concept play the vital role in the Freedom of Colonialism to Build the Democratic Nation. As on the Era is Under control after the Independent 75 Years as well. India is a biggest and most wanted consuming worldwide market. Modern Capitalism is Destroys the Old ideologies of entire world. But till the date Ancient Social discriminated ideology named Sanathana Dharma is not fade or Demolish by Modern Capitalism. Now time to rise a Question on it. What are the Charectors of 21st Century Modern Capitalism in India?
There seems to be widespread confusion out there about these two different definitions and one concept is usually defined as the other, for example the definition below is defining green capitalism as dwarf green capitalism, can you see why?
"" Green capitalism is an approach that attempts to use free-market mechanisms to mitigate anthropogenic climate change. Its advocates argue that the market supplies the best means to innovate technological solutions that can compete with existing polluting practices.Sep 23, 2022
Green capitalism, climate change and the technological fix: A more-than ...
📷
https://journals.sagepub.com › doi ""
Can you see the reasons why that definition is not a definition of green capitalism? If yes, please list those reasons!
Note:
------to be able to see those reasons you need to be familiar with perfect green market thinking and with imperfect dwarf green market thinking.
It is possible, using dominant system equality and freedom theory to map the structure of the market model in China before and after the fall of red socialism in 1991, and this raises the question, Can you see the structure of the 1991 flip from red socialism to non-democratic capitalism in China in terms of equality and freedom?
If you can see the structure of the flip please share it.
Respectfully yours;
Lucio
Note:
It is best stating the structure of red socialisl and non-democratic capitalism in terms of equality and freedom separately and then comparing them to see the context of the 1991 flip in those terms
Following the rising popularity of AI-model generating tools, such as Midjourney, there have been multiple architects who have acquired such techniques in building their professional profile. Meanwhile, the foundational skills of geometric composition are being diluted gradually at the expense of fast-paced accessible technology.
From an academic perspective, it might sound threatening to the profession, as some academics fear the condition of being ignored or left behind. Hence, academic systems are continuously aiming to bridge their infrastructure with that of the global market to ensure their survival.
Will there be a time when the architect will submit to the machine? Is this the revival of Walter Benjamin's essay of cultural criticism, "The Work of Art in the Age of Mechanical Production", which criticizes mechanical structure during the Nazi regime and its devaluing effect on art?
Would love to hear your thoughts...
Other than traditional socialism / Marxism, are there any non-capitalist systems which people have proposed? Preferably recent discourse if possible.
Looking for well thought out alternatives to Capitalism for the 21st century.
I am trying to write the methods in a peer-reviewed journal, and I am using the APA writing style. APA says to capitalize the first letter of software programs. However, I am wondering if this is appropriate or if I should write the names of the programs the same way they are written in the paper in which they are described. Two different examples:
1. hifiasm (Cheng et al., 2021) --> should this be hifiasm (original description) or Hifiasm (APA?)
2. AUGUSTUS (Stanke and Waack, 2003) --> should this be AUGUSTUS (original description) or Augustus (APA?)
True imperfect market theory suggest that imperfect markets do not exist when there is both market equality and freedom at the same time, which raises the question: Is a market where there is only economic freedom a true perfect economic market?
Think about it, what do you think?
Tax cuts to the rich is the prefer idea on how to promote and expand economic growth in supply side economics despite knowing it does not work as expected. Yet, this policy is usually the first choice in supply side run democracies like in the USA or now the UK when supply side promoters are in power.
Any policy that worsens inequality should be expected in practice to negatively affect economic growth as under extreme inequality or worsening inequality the traditional trickle down should be expected to be mute or not to work as intended. And this raises the question, tax cuts to the rich and the embudo effect, is that why the trickled down effect does not work as intended?
What do you think?
We know that the increasing frequency and severity of climate change phenomena while we are under dwarf green market based environmental pollution management will sooner or later lead to green Marxism challenges to dwarf green capitalism as a way to protect nature from capitalism and restore it.
We know the structure and meaning of red socialism and of green Marxism, but what about that of yellow Marxism or socio-environmental socialism or yellow manifesto, which raises the question; What is the structure and meaning of yellow Marxism/yellow socialism?
What do you think?
For your publications, do you choose to capitalize headings or not? I have seen both upper and lower case headings. This might also be discipline-specific. Are there any arguments for or against capitalization? Is this just a matter of taste? If so, which is more appealing to you and why?
I think Yes, what do you think?
Please provide your own views on the question.
I think Yes, what do you think?
Please provide your own views on the question
I have tried to look for the theory/s that explain the relationship between financial development and bank capitalization ratio. But I failed, Any one can help me to identify those theory please!
When you look at discussions about human population, whether from the overpopulation point of view in particular or population dynamics view in general, they lead to policy actions and recommendations that appear to be independent of the traditional market structure structure(price, consumption, and production) that supports them, but the nature of markets seems to shape the nature of the population and population dynamics they encourage.
And this raises the relevant question once and for all:
Is the nature of human population dynamics dependent or independent of the nature of the traditional market structure dynamics that serves them?
I think that the nature of the population and its dynamics is dependent of the nature of the markets that serves them as they shape their nature, what do you think?
Are they independent? Yes or No, and why do you think so?
Are they dependent? Yes or No, and why do you think so?
What do you think?
Those familiar with Kuhn’s ideas on the evolution of scientific thought know or should know that what is normal science today may not be normal science tomorrow as normal science tomorrow if resulting from paradigm shifts that address the abnormalities of old paradigms that lead it into crises would be inconsistent with normal science today…..
Kuhn’s loop on how science evolves is based on the idea of honest academic thinking and discourse that in the end leads to paradigm change and to the growth of scientific thought….
But what if the loop of the growth of knowledge is plagued by willful academic blindness and silence….an aspect that apparently escaped Kuhn’s imagination…..
Which leads to the question, What happens to the scientific revolution loop a la Thomas Kuhn under willful academic blindness? Any ideas!
Feel free to share your own ideas
Based on Marx's assumptions ( and also other authors as Bellafori, Dessai, Harvye, Luxemburg) about the inherent production of value from labour and the “necessity” of the commodity to be sold, how can we reach the obstacles for overproduction and the limits of capital? What are the impacts of the realization of commodities on wages? How labor and overproduction is related to the value crisis?
We hear about environmental problems or social problems or socio-environmental problems associated with business as usual, problems being exacerbated currently by over population pressures and overshooting pressures. Hence, all those problems and pressures seem to be associated with non-optimal market conditions in practice, but conditions that are assumed to be optimal in theory, hinting towards a practice-theory inconsistency problem.
And this raises the question, Is the destruction of full optimality at the heart of system unsustainability problems? I think yes, what do you think?
Note: Moving away from full optimality thinking is what is meant here when saying "the destruction of full optimality".
Please, feel free to express your own views on the question, Yes, and why you think so? No, and why you think so?
As public research is the dominant model, it is interesting to notice that private lucrative publication is the major dissemination channel in academia.
I'm interested in studies about the willingness to share among the researchers.
Understanding why the expensive and in english journal model still impedes knowledge production and dissemination is key in many field of study.
The study of academian capitalism, with journal publications as currencies could help if economist were to see this interrogation.
I am doing my phd and I need data about Loans-to-deposit ratio, ROA, Cost-to-income ratio, Non-performing loans (Broken down in Consumer, Medium, Shipping etc. Non performing Loans) and Tier 1 (Capitalization) for all banks in the Eurozone (27) quarterly data and also for the four systemic banks of Greece. Does someone have access to Orbis Bankfocus?
We all know about the traditional perfect market of Adam Smith and its place at the heart of pure or perfect capitalism.
We usually associate perfect market thinking with no government intervention unless there is market failure, but the perfect market of Adam Smith, like any other possible perfect market, can better be defined in terms of equality and freedom so as to be able to link it for example to imperfect markets such as dictatorship based markets or link it to distorted markets from the democracy point of view, which leads to the question, what is the conjunctural necessary and sufficient condition for the existence of perfect markets for example a la Adam Smith?
Feel free to provide your views, and keep in mind the angle of this question is “equality and freedom”, not government intervention or supply and demand interactions, even though they are linked.
This is an academic question, not a political one, and as usual my questions usually have a simple answer.
Perfect market thinking can be applied to one dominant component based markets or to two dominant component based markets and to three dominant component based markets.
Adam Smith's market, the perfect traditional market is a one dominant component based market as it is an economy only market so it it is a perfect economy market.
Red socialism was a one dominant component based market too as it was a society only market, but it was not a perfect social market?, which raises the question, Why was the red socialism market not a perfect social market?
This is an academic question, not a political one. I expect a simple answer, what do you think?
Coming up with great business ideas may seem easy, but only a true entrepreneur capitalizes
on them to turn them into reality. Why are entrepreneurs considered an important agent of
change in this global economy?
Big tech is constrained by the political environment in which they operate, locally and globally.
If the world is divided between democracy and non-democracy given current capitalism dynamics, we should expect big tech to face fewer constraints; and therefore enjoy more business stability under democracy than under a non-democracy, and this should expected to affect future globalization trends. Which raises the question, Democratic capitalism vrs non-democratic capitalism: Is this the end of true globalization?
I think, perhaps yes and perhaps no. What do you think?
Working on a theory of paradigm shift and flips that is linked to equality and freedom it is possible to see clearly the structure of markets, including deep social markets and red socialism/communism based markets….
This understanding helps us see the options available to markets in terms of flips or shifts when under specific sustainability gap pressures, and it allows us to see which option they would exercise if they have a choice before paradigm death/collapse like the one we saw in 1991 related to the fall of Karl Marx's world/Red socialism.
From this angle, knowing the difference between different types of markets, especially close ones, is very relevant.
Looking at the deep social markets and red socialism/communism based markets, raises the question, can you see what was or is the difference between deep social markets and red socialism/communism based markets?
If you think you can see it please share it or describe it so we can exchange ideas.
Paradigm death, shift and flip expectation theory suggest that a perfect paradigm flips to take the form of the perfect inverse opposite paradigm, and when it does that the order of political and legal loyalty flips at the same time. And when, the opposite process takes place, the inverse is expected to happen.
When the capitalism a la Adam Smith model(TM = aBc) was flipped in 1848 to take the form of the Karl Marx red socialism model(KM = Abc) the order of political and legal loyalty that existed in the pure capitalism system then was flipped to the inverse political and legal loyalty that existed in red socialism countries during the period of red socialism(1848-1991).
Yet in 1991, when red socialism fell and China flipped back to pure capitalism, China did not flip its political and legal loyalty structure to that of Adam Smith’s capitalism structure, but kept the one it had from the old red socialism era.
And this raises the question, why was China able to flip back to pure capitalism in 1991 after the fall of red socialism and still maintain intact the order of political and legal loyalty that it had before the fall?
Any ideas? Please, share them, but Please keep in mind, this is an academic question, not a political one.
The fall of red socialism in 1991 led to the flip in those countries from social responsibility to economic responsibility as the paradigm shift from red socialism to economy friendly red socialism that Karl Marx probably had in mind in the long term did not materialize.
This flip of responsibilities in 1991 led to the coming of the new members of the capitalism family, cementing for once, the two current families of pure capitalism, democratic capitalism and non-democratic capitalism.
The flip from pure capitalism to red socialism since 1848 was a flip from economic responsibility to social responsibility, which shifted the loyalty structures found in pure capitalism.
The flip back from red socialism to pure capitalism in 1991 was a flip from social responsibility to economic responsibility, which maintained the loyalty structures as they were.
Had red socialism shifted to economy friendly red socialism, then the loyalties in those countries would have shifted to the same structure of loyalty in pure capitalism countries, and authoritarian parties and leaders would have fallen as a consequence of the paradigm shift.
Hence, the loyalty structures of a system may change or may remain the same as a result of paradigm flips up and paradigm flips back or due to paradigm shifts.
Therefore, there is a link between the direction of paradigm dynamics and loyalty structures in the systems affected by sustainability or responsibility pressures, so the question:
“Democratic capitalism and non-democratic capitalism: Do they have the same political and legal loyalty structure?”
What do you think? Can you see the political and legal loyalty structure in those two systems?
Feel free to share your views.
This is an academic question, not a political one.
In a liberal democracy, there is a free market, and in a free market big tech has the freedom it needs to maximize profits even when their actions are not socially and/or environmentally friendly. Big tech can spread easier around the world in countries under liberal democratic structures as the risk of expanding and operating freely there is technically small, rarely futile, than in places where there are non-liberal democracies where the risk of operating freely is very high, even futile.
Usually democracies have been defended by ordinary citizens during elections, not by big tech, but since 2016 and more after the covid19 pandemic big tech has taken a bigger role as it has been expected by their costumer to do so to promote and protect democratic rights using their economic muscle, specially the right to vote/participate, as the case of the USA shows.
Now it seems to be that big tech has realized that profits are more secure the better democracy works, and profits are more at risk when democracy is at risk or when there is no democracy or when democracy ends. They seem to know now that the stability of freedom of operation and expansion is directly related to the freedom that comes from operating under a true democracy.
In other words, current dynamics seem to show that true democracy to succeed needs the support of big tech and big tech to continue to succeed freely needs the support of liberal democracy.
If acting in a coordinated way, big tech can have a huge impact on the political systems inside which they work, be it democratic spaces or non-democratic spaces, which raises the current question, true democracy and big tech, do they need each other now more than ever to succeed locally and globally?.
I think yes, what do you think?
If there are sustainability gaps, then there are market illusions as well as broken circular economic structures.
Hence there is a market illusion associated with red socialism/Karl Marx and with pure capitalism/Adam Smith as each of these models has specific sustainability gaps embedded in them.
Can you see these market illusions, the red socialism market illusion and the pure capitalism market illusion?
Please provide your own views on the question, I will appreciate that.
"Capitalism" has become an empty signifier in the political debate - a kind of container term. But what are the most convincing definitions in academic discourse? Is it Weber's distinction between traditional and capitalist societies or Marx' definition? Is Schumpeter correct with assuming that socialism necessarily follows capitalism? Etc. etc.?
#capitalism #Marxism
If any of the questions listed below is interesting to you, please write a comment stating your view or please recommend the question you find interesting to contacts you think may be interested in commenting.... recommendations lead to interest...
Most of the questions have no answer either because the links of researchgate did not lead them to the forums of relevance or they were just ignored, but I think the questions remain relevant today....
Past Questions still up for grabs, CLICK the links below each question if you would like to provide your view/answer to that specific question;
Who do you think will win the next round of RIO process?
Is the working of old democracy another unintended consequence of paradigm shift?
Is it right to consider the 2012-2019 period a loss in terms of green economic thinking and action?
Can extreme democratic outcomes like BREXIT and USEXIT persist in the absence of chaos?
Is a normal democratic outcome at the end of both BREXIT and USEXIT?
Will the corona virus’s painful experience lead to another push towards fully socially friendly capitalism?
Will the recovery of the pro-rich growth economy need a trickle up push from a direct trickle down program?
Under which conditions will the rich/corporations welcome extreme government intervention like direct trickle downs?
Does the coming of direct trickledowns means the end of traditional conservatism?
Can elite or dominant component action or inaction be explained through the theory of entanglements?
What are the implications of trading social responsibility for economic responsibility?
Can extreme liberal democratic outcomes such as USEXIT/BREXIT exist without a nationalist blanket?
Can BREXIT and USEXIT be considered to be fake extreme democratic outcomes?
Production levels and production prices in red socialist countries, where do they or did they meet?
Why do you think we shifted to partially clean green markets in 2012 instead of fully clean ones?
Do you know what the structure of the perfect green market is?
Food for thoughts: Is the green market a dwarf market?
Is the coming of the sustainability paradigm creating a sustainability market knowledge gap?
The Chinese stock market just crash, is it time now to fix the financial system model?
My research contradict most of the "recognized knowledge", revealing intentional lies centuries-old. Generations of scholars had built their little "boutique" (including conferences and publications) accepting those obvious lies and building up fragile justifications and thesis to explain a scientific way those accepted lies. How do you think they would consider my work, if not by pure rejection? How can I ask any of those (that capitalize knowledge) to review neutrality or even read a professional way my texts and works? How can I except to be cited, when probably, they would rather spit me off? What should I do? Shut up? Not my style.
With Covid19, we have seen digital transformation happening so much faster: everyone able to do this was suddenly working from home, using the internet and the available digital access and platforms. Education was also put on hold unless it moved online: online-school, online-education got a tremendous stimulus.
Now, what is fueling the data economy, what is the "new green oil" of this digitally transformed world? It's DATA, and it's data fairly priced for the stakeholders, starting with identified data owners.
Please see here a link to some books on the subject, reviewing the rational for data use in every aspect of life, business, markets, society, and looking at the creation of Data Market Places, as well as diving into the detailed equations of how to price and how to make it happen in economic terms, as Data Microeconomics:
In the line with the emergence of knowledge-based economy, higher education systems are experiencing a rapid paradigm shift in their structures, policies, processes and practices which contradicts to the universities’ historical traditions values and spirit. This paradigm shift has led a worldwide discussion among scholars and policymakers about the possible positive and negative impacts of relevant phenomena such as academic capitalism in higher education contexts. Therefore as academic capitalism is still considered as a taboo, it is important to know how it is approached by senior policymakers.
In trying to set out the perameters of "social class" in the introduction of a text I am editing upon "social class' and "literature" for Routledge, I fell into a Lewis Carroll rabbit hole of wondrous conflicted definitions and claims about the fabulous Snarkish creature--class!
"
A granfalloon, in the fictional religion of Bokononism (created by Kurt
Vonnegut in his 1963 novel Cat's Cradle), is defined as a "false karass."
That is, it is a group of people who affect a shared identity or purpose,
but whose mutual association is meaningless.
(“Granfalloon,” Wikipedia)
Vonnegut’s definition of a “granfalloon,” seems to fit the problematic semiotic state of the term “class,” as well. Northwestern University Sociologist Gary Fine suggested to me that what Wikipedia offered about “class” was as comprehensive as any other overview of this highly contentious, voluminous, multifaceted concept. Published definitions of social class, reveal a plethora of conflicting and overlapping traits and attributes that may suggest to some that class” is, in fact, a granfalloon. Yet the same may be said of all sociology’s categories to some degree. Granfalloon or not, we feel and experience very real class struggles that create pain in macro-level, full-scale armed conflicts. Micro-level class struggles go on daily, more or less peacefully, if annoyingly."
Would anybody like to shed more light, darkness, and chaos theory on this highly confusing topic? I am all ears and really need some expert opinion.
Thanks and looking forward to comments.
Could EX-ACT (FAO tool) be used for GHG emissions ex-post assessment, considering cross-sectional baseline data (implementation phase) and recent ex-post data (capitalization phase).
Once extreme democratic outcomes take place as they did in 2016 in the UK and in the USA they need ongoing targeted chaos to persist.
Trumpconomics can be defined as the type of extreme economic thinking needed to support USEXIT or the working of the extreme democratic outcome represented by President Trump.
And since BREXIT and USEXIT are both extreme outcomes where the minority view wins the majority rule based democratic contest, then it can be said that Brexconomics is the type of extreme economic thinking needed to support BREXIT or the working of the extreme democratic outcome represented by BREXIT.
This raises the question; does the world of Brexconomics have the same extreme liberal democracy structure that the world of Trumpconomics has? I think yes, what do you think?
one aspect of the unemployment in each country, especially in the under development ones is the NEETs active for work population of every age, sex. Its an official target vulnerable group imposed by the economic capitalistic system outside and inside working places for many uses, such as mobbing with only their existence the working employees to work more and not to demand, from fright of training and giving their jobs to NEETs or for covering null theses of political system.
But the thing is that NEETs can be used from the economic system as an added value, promoting them in working new sufficient and not complementary places of work, giving those people the work satisfaction and boost their psychology
Just think about it, red socialism came under extreme capitalism pressure that was forcing it to either adapt or evolve, pressure that led to adapting as new capitalist markets since 1991.....
Those in favor of adaptation in 1991 had the advantage that there was no traditional market paradigm shift knowledge gap as micro and macroeconomic knowledge is a given so they knew what to do and the paradigm flip took place from socially friendly, but economic unfriendly red socialism to socially unfriendly, but economic friendly capitalism.....
Those in favor of evolving had the disadvantage in 1991 as there was a deep red market paradigm shift knowledge gap as red micro and red macroeconomic knowledge did not exist so they did not know what to do and let the paradigm flip go unchallenged.....so the shift needed to keep Karl Marx's dream alive did not take place, the shift from socially friendly, but economy unfriendly red socialism to the socially and economy friendly red socialism or red market model.
The ideas shared above raise the question, Is the red market paradigm shift knowledge gap behind the flip from red socialism to pure capitalism? I think yes, what do you think?
We know that trickledown ideas are indirect ways of dealing with externalities hoping that as dominant components do better or expand or grow the passive or dominated or exploited components will some how share too one day in the benefits of that growth....So if we know the externalities, we know or we should be able to guess the nature of the trickle down effect expectations associated with such a model...
In the traditional market model of Adam Smith there are two externalities, social and environmental, but the classic trickle down effect is associated only with social issues/externalities(e.g. poverty), not environmental issues. And this is a theoretical inconsistency that may be explained by the fact that environmental issues are issues that relatively recently became relevant issues as compared to social issues...
In the perfect green market only social issues are externalities so the green trickle down effect and expectation is related to social issues only(e.g. poverty).
What about in perfect red market? what is or should be the expectation and the nature of red trickle down effect? Any ideas?
Help needed.
I am currently looking to come up with a research questions for my bachelor thesis. I study International Relations but I wanted to narrow down my profile towards economic because of my plans for my postgraduate education.
We agreed with my supervisor in this topic : "Forms of Capitalism and EU governance"
I am reading an enormous amount of papers and academic works for days now but I cannot come up with a research questions that successfully creates a bridge between forms of capitalism and EU.
Any ideas on the questions would be welcome. Any suggestion of papers I can read would be welcome.
Thank you
Just think about it , we do not yet have set up green markets, and therefore we have failed to meet the 2012 UNCSD goal at Rio plus 20 so far, that of shifting to green markets and the green economies.
And that may explain why everywhere you look, you see now either carbon pricing or cap and trade thinking is taking hold as the best way to address environmental issues, not green markets.
And that means as far as I know that for the first time since Adam Smith we are now not just calling for, but praising government intervention.
As you know or should know, carbon pricing or cap and trade markets are not free markets.
And this raises the question, was the Rio plus 20 called to shift to green markets a call for government intervention?
I do not think so, what do you think?
There has been two paradigm shifts recently, one in the former red socialist countries(shift from red socialism to socially friendly capitalism in 1991), and one in the former pure capitalist countries(shift from traditional market to green market in 2012), if you think outside the box these two shifts have the structures that will be key to the future cold war....Has anybody thought about what this future paradigm clash structure is or will be? Has anybody wondered who will win the next cold war this time around and why?
My question is simple:
If a government leader is chosen (through legal, transparent and audited democratic means) to follow an specific ideological line that fosters certain social programs, and after getting into power the leader of said government decides to change policy due to internal and external pressures that would stir the spending away from social programs (in order to cut spending and avoid risky national debt): is it treason to the democratic will of the people?, or, is it just displaying good economic intentions?
It has become commonplace to refer to colonialism, or some of its declinations such as post-colonialism or coloniality, as general terms to situate contemporary social exclusion, marginality, and resistance. This conceptual choice has the great advantage of drawing attention to historical continuities between contemporary structures and the centuries-long reproduction of structures of domination. However, is it possible that the conceptual strength of this lumping also hinders our ability to understand the specific modalities of social injustice in various contexts and in different historical moments? Is it possible that this choice leads us to conflate, for example, colonialism, imperialism, capitalism, and modernity, as an overly coherent project? Your thoughts will be most welcome!
As part of his critique on capitalism, Marx made a number of interesting and persuasive points about human connectiveness and relationship with objects. To me, these seem as convincing as say Attachment Theory, which was perhaps influenced by Marx.
It has been said that our contemporary experience is that of the "lived dystopia" of Modernity. This social imaginary directly confronts the narrative of the "imminent threshold", the point of no return set in the near future, beyond which environmental degradation and other social problems are portrayed as definitely intractable. This question bears directly on our understanding of political hope in the present World: Should we hope to avoid the imminent catastrophe, or should the domain of hope rather be focused on coping with a dystopia that is already here?
I am writing essay on Marxism and Development Studies: new issues and new direction. For that reason I need some help regarding the issues using Marxism as tool for analysis in development studies research i.e. understanding modes of production and agricultural social relations or perhaps transformations in shape of urban development.
Secondly, I need to know if there is literature, that you know can help me to understand the Marxism and Development Studies as multidisciplinary approach/framework of studying society.
Under normal democratic outcomes where the majority rules concerns about minority rights has led to majority rule subject to respecting minority rights avoiding that way the Tyranny of the majority.
This was the democratic landscape in western democracies until 2016 when BREXIT and USEXIT came along.
Now we live in a world where extreme democratic outcomes in some places exist along with normal democratic outcomes in other places. Which leads to my question, Are Brexism(UK) and Trumpism(USEXIT) examples of the Tyranny of the minority at work?. I think yes, what do you think?
I intend to run a quantitative study on 'The Spirit of Capitalism' and its relationship with Work ethic in Iranian society as a society with rentier government .
Joan Robinson, an English economist in the Keynes tradition once said this. I think she meant that being out of the economic loop is worse than being exploited. What did she mean?
I do know of people who feel that the Western campaigns against exploitative corporate practices in the Third World are just a cover for protectionism.
So, is there a good and bad side to exploitations?
Many agricultural co-operatives, in diferent part of the world, have a problem to ensure more competitive levels. Some researcher infer that this scenario is ocasioned by capitalization problem. Can I consider this a main problem to agricultural co-operatives survival?
So we now see the capitalist system recover from the 2008-09 crisis and banks are back ruling the world. We seem more likely to see a catastrophic collapse of the world under the weight on global warming than an effective social regulation of financial capital.
What can be done? Especially in the developing or third world where the impact is most serious?
In your opinion, what are the most influential factors that students consider when choosing to study electrical engineering?
How can one capitalize on those factors in order to encourage a greater number of students to join an electrical/electronic/communications/networks engineering program?
- Why is capitalism transformation necessary?
- How to transform a global economic in light of digital disruption?
Quantum computing is an emerging field and though the costs for research are quite high, which can only be afforded by a company like Google or IBM or by Research Institutes. Is it possible to create a company which provides just algorithm for usage in quantum computers.
I observe that some countries set a threshold capital level for banks to enter in the industry and/or stay in the business. Otherwise, they might be enforced to look for merger/acquisition possibilities. Are there other criteria and reasons to initiate bank consolidaion via merger and acquisition?
This question is about the capitalization effect (including its magnitude) in retail real estate (such as shopping centers and malls). I know there has been a large literature on this topic in residential real estate. I am looking for studies on retail real estate or even office and industrial real estate.
Just think about it…
Karl Marx was aware that production price equal to cost-price plus profit(KP = C + i) and he was not fan of where the profits were going and he knew that producing at an economic loss in the long-term is not a good plan, but a 3 stages development plan to achieve socialism at a profit or socially friendly capitalism in the long term may have crossed his head…..
Marx would not have encouraged a long-term red socialism production program at an economic loss, I think….Was somehow Karl Marx proposing red markets or socially friendly capitalism as the long term road to socialism, not the red socialism program at a loss implemented?....
For Karl Marx, C = Cost price and i = average profit
See if production price is KP = C + i , and
if C = SM + ECM, where SM = Social margin and ECM = economic margin.
Then;
KP = SM + ECM + i
The three stages of development to socialism at a profit can be stated as follows:
a) Stage 1: Red socialism as implemented
KP1 = SM
b) Stage 2: Red socialism at zero profit
KP2 = SM + ECM
c) Stage 3: Red socialism at a profit or red markets
KP3 = SM + ECM + i
With the understanding of capitalism Karl Marx had, this thought above would be consistent with his thought if he only had problems with where the profits were going and he wanted to redirect them to the state, not to private individuals.
Notice that since ECM + i = P = The traditional market price, then
KP3 = SM + P
The formula above is the formula of a red market or socially friendly capitalism or red socialism at a profit.
Was this what Karl Marx actually proposed?....That is where former red socialist countries including China arrived in 1991 when they shifted from red socialism to red markets….What do you think?
There seems to be production schedules for former red socialist countries and information about planned economy/planned production, but what about the cost of those production schedules....
Were production levels determined by the social cost of production...the lower the social cost of production we can plan more production and at higher social costs we have to schedule lower production goals.....
But these two cases then would lead to inneficient levels of production as it would be either above or below desired production goals....the efficient level of production would be the one where production levels are determined by the actual social cost of production.....
Were production schedules kept at the social cost of production in red socialism systems?
We had a period of development highlighted by competing deep paradigms(eg. the old cold war: red socialism vrs bare capitalism), which can be considered the first wave of development.
Today we are living in a period of development driven by competing partnership based paradigms(eg. the future cold war: red capitalism vrs green capitalism), which can be considered the second wave of development.
And at the end of each development wave there is a paradigm shift as development paradigms evolve from less stable to more stable development positions(eg. partial partnership based development is more stable than deep one component only based development or the second wave of development is a more stable development position than the first wave).
Can sustainability be the third and last wave of development in the evolution of development paradigms?. I think yes, what do you think?
Is capitalism the main source of explanation or are there other explanations which outweigh capitalism?