CAPITALISM VS. SOCIALISM – AN ATTEMPT TO ANALYSE THE COMPETITIVENESS OF ECONOMIC SYSTEMS
<p class="Textofsummary"> This article is devoted to the analysis of the competitiveness of economic systems (capitalism and socialism) in the years 1950-1989. The author assumed that competitiveness is the ability of the surveyed economies to build prosperity. Therefore, to c...
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| Format: | Article |
| Language: | English |
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Uniwersytet Mikołaja Kopernika
2015-01-01
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| Series: | Ekonomia i Prawo |
| Subjects: | |
| Online Access: | http://apcz.umk.pl/czasopisma//index.php/EiP/article/view/5064 |
| _version_ | 1818199875709304832 |
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| author | Marian Zalesko |
| author_facet | Marian Zalesko |
| author_sort | Marian Zalesko |
| collection | DOAJ |
| description | <p class="Textofsummary"> This article is devoted to the analysis of the competitiveness of economic systems (capitalism and socialism) in the years 1950-1989. The author assumed that competitiveness is the ability of the surveyed economies to build prosperity. Therefore, to compare the competitiveness of both socio-economic formations, the living standard of society – GDP <em>per capita</em> was used as a basic measure. The results of the analysis clearly indicated that capitalism (the system of the market economy) is more competitive than socialism (a system of planned economy). The study of competitiveness of economic systems requires a holistic approach and the application of research methods used in economics and economic history.</p> |
| first_indexed | 2024-12-12T02:28:43Z |
| format | Article |
| id | doaj.art-444bc9cdfdf64a79ae24edc7f045bb44 |
| institution | Directory Open Access Journal |
| issn | 1898-2255 2392-1625 |
| language | English |
| last_indexed | 2024-12-12T02:28:43Z |
| publishDate | 2015-01-01 |
| publisher | Uniwersytet Mikołaja Kopernika |
| record_format | Article |
| series | Ekonomia i Prawo |
| spelling | doaj.art-444bc9cdfdf64a79ae24edc7f045bb442022-12-22T00:41:28ZengUniwersytet Mikołaja KopernikaEkonomia i Prawo1898-22552392-16252015-01-01141617910.12775/EiP.2015.0054675CAPITALISM VS. SOCIALISM – AN ATTEMPT TO ANALYSE THE COMPETITIVENESS OF ECONOMIC SYSTEMSMarian Zalesko0University of Bialystok<p class="Textofsummary"> This article is devoted to the analysis of the competitiveness of economic systems (capitalism and socialism) in the years 1950-1989. The author assumed that competitiveness is the ability of the surveyed economies to build prosperity. Therefore, to compare the competitiveness of both socio-economic formations, the living standard of society – GDP <em>per capita</em> was used as a basic measure. The results of the analysis clearly indicated that capitalism (the system of the market economy) is more competitive than socialism (a system of planned economy). The study of competitiveness of economic systems requires a holistic approach and the application of research methods used in economics and economic history.</p>http://apcz.umk.pl/czasopisma//index.php/EiP/article/view/5064economyGDP per capitastandard of livingeconomic analysis |
| spellingShingle | Marian Zalesko CAPITALISM VS. SOCIALISM – AN ATTEMPT TO ANALYSE THE COMPETITIVENESS OF ECONOMIC SYSTEMS Ekonomia i Prawo economy GDP per capita standard of living economic analysis |
| title | CAPITALISM VS. SOCIALISM – AN ATTEMPT TO ANALYSE THE COMPETITIVENESS OF ECONOMIC SYSTEMS |
| title_full | CAPITALISM VS. SOCIALISM – AN ATTEMPT TO ANALYSE THE COMPETITIVENESS OF ECONOMIC SYSTEMS |
| title_fullStr | CAPITALISM VS. SOCIALISM – AN ATTEMPT TO ANALYSE THE COMPETITIVENESS OF ECONOMIC SYSTEMS |
| title_full_unstemmed | CAPITALISM VS. SOCIALISM – AN ATTEMPT TO ANALYSE THE COMPETITIVENESS OF ECONOMIC SYSTEMS |
| title_short | CAPITALISM VS. SOCIALISM – AN ATTEMPT TO ANALYSE THE COMPETITIVENESS OF ECONOMIC SYSTEMS |
| title_sort | capitalism vs socialism an attempt to analyse the competitiveness of economic systems |
| topic | economy GDP per capita standard of living economic analysis |
| url | http://apcz.umk.pl/czasopisma//index.php/EiP/article/view/5064 |
| work_keys_str_mv | AT marianzalesko capitalismvssocialismanattempttoanalysethecompetitivenessofeconomicsystems |