Embracing Pragmatic Market Socialism: A Modern Solution for Societal Progress
The article discusses a new perspective on socialism called pragmatic market socialism. It explores the idea of combining elements of socialism and capitalism to create a more balanced economic system. The researchers examine issues like capital management, savings, investment, growth, and entrepreneurship in this proposed model. They argue that this approach could lead to a form of "people's capitalism" that is compatible with democracy and historical trends. The article concludes by considering the potential for change towards this new economic system.