Alternative Optimal Social Orders.
By Pakistan Development Review
- Release Date - Published: 1984-03-22
- Book Genre: Economics
- Author: Pakistan Development Review
Alternative Optimal Social Orders. Pakistan Development Review read online review & book description:
The structure of the optimal order should be found by scientific analysis. State of the art shifts over time. Marx's scientific socialism was based on science a century ago; it must be adapted accordingly. Laissez faire was based on too simple assumptions. Collective goods and marginal welfare equality require State intervention. Level of decision-making must be supranational in some fields. Controversial points and the research needed to reduce controversies are listed.
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