Search results
Results From The WOW.Com Content Network
A free market is an economic system where prices are determined by supply and demand without government intervention. Learn about the different forms of free market, such as laissez-faire capitalism and Georgism, and their historical origins and criticisms.
Market socialism is a type of economic system that combines social ownership and market mechanism. Learn about its origins, variants, critiques and real-world examples from this comprehensive Wikipedia article.
A socioeconomic model combining a free-market capitalist economic system with social policies and regulation to establish fair competition and welfare. Also known as Rhine capitalism, social capitalism, or the Rhenish model, it originated in West Germany and is contrasted with other forms of capitalism.
A market economy is an economic system where prices and quantities are determined by supply and demand. Learn about the different types of market economies, such as free-market, laissez-faire, interventionist, mixed, state-directed and socialist, and their features and examples.
Shock therapy is a group of policies to liberalize the economy, often implemented in post-Communist states. Learn about its history, controversies, and effects on economic growth, inequality, and social welfare.
A market economy with public ownership and state-owned enterprises, introduced by Jiang Zemin in 1992 as China's economic reform goal. It is a preliminary stage of socialism, distinct from market socialism and state capitalism, and influenced by Marxism–Leninism and liberal socialism.
Mutualism is a school of anarchist and anti-capitalist thought that advocates for workers' control, mutual credit and use rights. It originated from utopian socialism and was developed by Proudhon, Warren and others, but faced challenges from communism and individualism.
A price system is a system of valuation and exchange of resources based on money and supply and demand. The use of a price system eliminates the need for a central authority to plan and coordinate the economy, according to some economists.