The Complex Economic Organization of Capitalist Economies
Richard R. Nelson
Columbia University - School of International & Public Affairs (SIPA)
January 29, 2013
Capitalism and Society, Vol. 6, Issue 1, Article 2, 2011
The ideology of how economic activity is organized in capitalist economies is sharp and simple - markets. However, in reality, economic activities in capitalist economies are organized in a variety of different ways, market organization prominent among them but not totally dominating. The basic argument of this paper is that capitalist economies should be understood as mixed economies.
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Number of Pages in PDF File: 26Accepted Paper Series
Date posted: January 29, 2013
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