The Complex Economic Organization of Capitalist Economies

26 Pages Posted: 29 Jan 2013

See all articles by Richard R. Nelson

Richard R. Nelson

Columbia University - School of International & Public Affairs (SIPA)

Date Written: January 29, 2013

Abstract

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.

Comments on this paper can be found at: http://ssrn.com/abstract=2208616

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

Richard R. Nelson (Contact Author)

Columbia University - School of International & Public Affairs (SIPA) ( email )

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