26 Pages Posted: 29 Jan 2013
Date Written: January 29, 2013
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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Suggested Citation: Suggested Citation
Nelson, Richard R., The Complex Economic Organization of Capitalist Economies (January 29, 2013). Capitalism and Society, Vol. 6, Issue 1, Article 2, 2011. Available at SSRN: https://ssrn.com/abstract=2208619
By John Kay
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