Dieser Beitrag formuliert aus der wirtschaftsethischen Perspektive des ordonomischen Forschungsprogramms einige Denkanstöße, die dazu beitragen sollen, ein differen-zierte(re)s Moralurteil über „Kapitalismus“ zu entwickeln: Kapitalismus setzt Wettbe-werbsanreize ein, um...

Die umweltpolitische Debatte leidet unter einem verbreiteten Diskursversagen. Zugrunde liegt eine Moralkonfusion. Sie verstellt der demokratischen Öffentlichkeit den Blick auf die ordnungspolitische Option, das moralische Anliegen einer nachhaltigen Entwicklung - inklusive Klimaschutz - durch...

Dieser Aufsatz diskutiert die Stärken und Schwächen des Kapitalismus sowie der Kapitalismuskritik aus der wirtschaftsethischen Perspektive des ordonomischen Forschungsprogramms. Das Hauptargument lautet, dass vielen Menschen die Funktionsweise einer wettbewerblich verfassten Marktwirtschaft...

China has created a distinct economic system. Yet despite a growing literature with valuable contributions on the institutional arrangements under 'capitalism with Chinese characteristics', the precise economic mechanisms underpinning China's state-market relations remain undertheorised. In this...

Dieser Aufsatz diskutiert die Stärken und Schwächen des Kapitalismus sowie der Kapitalismuskritik aus der wirtschaftsethischen Perspektive des ordonomischen Forschungsprogramms. Das Hauptargument lautet, dass vielen Menschen die Funktionsweise einer wettbewerblich verfassten Marktwirtschaft...

Over the past three decades, North Korea has experienced a period of economic change, most notably in the development of the market. North Korea maintains that it operates a tightly controlled planned economy, the elements of which are poorly understood by the international community. Currently,...

The original China ‘engagement strategy’ was grounded in the assumption that WTO membership would turn China into a liberal market economy. Today the engagement strategy is viewed as having failed, with China’s largest trading partners viewing Beijing as a systemic rival. Yet, a...

Human enterprise and social systems of organizing economic activity are predominantly based either on competitive or cooperative principles. Despite the dominance of competitive principles in contemporary capitalism, historically these principles manifested in many different combinations in...

Worldwide, politics are challenged to achieve economic stability, socialjustice, and ecological sustainability. These goals are often played offagainst each other,and some suspect that market economies (aka capitalism) are basically unable to solvethese dilemmas. This article explores the...

Divestment ist eine Untergruppe nachhaltigkeitsorientierter Finanzstrategien. Absicht von Divestment ist es, die zum Unternehmenssektor gehörenden Förderer und Nutzer fossiler Brennstoffe so-zial zu brandmarken, um sie zu einem Verzicht auf diese Aktivitäten zu zwingen. Im vorliegenden...

This paper investigates the long first decade of reform in China (1978-1992) to show that Mises, in particular his initiating contribution to the Socialist Calculation Debate, became relevant to the reconfiguration of China's political economy when the reformers gave up on the late Maoist...

Dieser Beitrag formuliert aus der wirtschaftsethischen Perspektive des ordonomischen Forschungsprogramms einige Denkanstöße, die dazu beitragen sollen, ein differenzierte(re)s Moralurteil über 'Kapitalismus' zu entwickeln: Kapitalismus setzt Wettbewerbsanreize ein, um Produktionseffizienz und...

The purpose of this article is to briefly present the actions taken in Romania's economic transition from a centralized to a market economy and to explain why and where it went wrong. Wrong decisions taken in the transition process will be highlighted, while noting that measures to implement...

A market economy can nurture good human attributesIn the thirtieth IEA Discussion Paper, Philip Booth examines the moral limits to the market economy. Christians often express concerns about the way in which self interest in the market economy can become disordered or bent and thus manifest...

The paper brings together a range of ideas on the construction and nature of what may be termed a post neo-liberal social economy. The social democratic era of the early post-war decades and the neo-liberal era of the past four decades are briefly considered. Some general thoughts on the...

Worldwide, politics are challenged to achieve economic stability, socialjustice, and ecological sustainability. These goals are often played offagainst each other,and some suspect that market economies (aka capitalism) are basically unable to solvethese dilemmas. This article explores the...

Divestment ist eine Untergruppe nachhaltigkeitsorientierter Finanzstrategien. Absicht von Divestment ist es, die zum Unternehmenssektor gehörenden Förderer und Nutzer fossiler Brennstoffe so-zial zu brandmarken, um sie zu einem Verzicht auf diese Aktivitäten zu zwingen. Im vorliegenden...

Thirty years after the collapse of the Soviet Union, it is rather clear what transition policies have worked. Almost all the post-communist countries have become market economies and have achieved macroeconomic stability. Privatization was economically necessary, and its economic outcomes have...

This paper investigates the long first decade of reform in China (1978-1992) to show that Mises, in particular his initiating contribution to the Socialist Calculation Debate, became relevant to the reconfiguration of China's political economy when the reformers gave up on the late Maoist...

This paper develops a comparative and connected history of the debates over transition to a market economy in West-Germany after World War II and in China during the first decade of reform and opening up under Deng Xiaoping (1978-1988). At both historical moments the political aim was to...

The movement to recognize that dependency is a basic feature of the human condition has helped liberal theory make great strides in the last three decades. In that time, many writers, including myself, have called attention to the fact that the autonomous citizens depicted in liberal political...

Capitalism, characterized by private ownership, coordination through markets, and decentralization, is blamed for a variety of economic, environmental, and social ills. These critiques often confuse capitalism with cronyism, a system of government favoritism toward particular firms. We show how...

A recent experimental study by Falk and Szech (Science, 2013) concludes that "markets erode moral values". If this were true, economists, who have emphasized the efficiency enhancing effects of markets for centuries, would have to reconsider their judgments fundamentally. This would be no less...

Two very different approaches are used to explore the relation between market orientation and gender wage differentials in international data. More market orientation might be related to gender wage gaps via its effects on competition in product and labor markets and the general absence of...

Die umweltpolitische Debatte leidet unter einem verbreiteten Diskursversagen. Zugrunde liegt eine Moralkonfusion. Sie verstellt der demokratischen Öffentlichkeit den Blick auf die ordnungspolitische Option, das moralische Anliegen einer nachhaltigen Entwicklung - inklusive Klimaschutz - durch...

Africapitalism suggests a refined capitalist system aimed at achieving collective good unlike the shareholder value maximisation model of Anglo-American capitalism. It emphasises the obligations of the private sector in Africa to pursue socio-economic development. Despite these proposed...

Die real existierende Marktwirtschaft unterliegt einem ökonomischen Wachstumszwang, der Umweltpolitik konterkariert. Eine bessere Wirtschaftsordnung, die in erster Linie leistungslose Einkommen verhindern muss, kann ihn überwinden und Ökonomie, Ökologie sowie soziale Gerechtigkeit in...

China's proclaimed aim of becoming the world's leader in science, technology and innovation by the mid twenty first century has triggered an intense competition with the United States. The latter, feeling threatened in its supremacy in this field, has reacted forcefully. This GLO Discussion...

Corporate governance is contextual (Adegbite and Nakajima, 2011), and context matters to Africapitalism (Amaeshi and Idemudia, 2015). The existence of different national institutions means that increased global competition, as well as the integration of financial markets, will not express...

Die Mikroökonomie ist für viele Bachelorstudierende ein Angstfach - speziell für angehende Betriebswirte. Dieses Buch hilft dabei, die Prüfungsvorbereitung zu optimieren und stellt 77 charakteristische Prüfungsaufgaben mit Schwierigkeitsgrad, Bearbeitungszeit und Musterlösung vor. Auf...

Introduction -- PART I THE ENVIRONMENTAL MOVEMENT -- Differing Views on the Environment -- The International Dimension of the Environment -- PART II THEORETICAL ENVIRONMENTAL ECONOMICS -- Basics of Environmental Economics -- Allocation Problems in a Market Economy -- The Internalization of...

Marketization trends and trade unions in the health sectors -- Marketization, opportunity structures and local-level determinants of trade union action -- Handling the beginnings of marketization: Partnership approaches to corporatization -- Negotiating outsourcing effects: Combining partnership...