Blog page 385




                                               

Open manufacturing

Open manufacturing, also known as open production, maker manufacturing, and with the slogan "Design Global, Manufacture Local" is a new model of socioeconomic production in which physical objects are produced in an open, collaborative and distrib ...

                                               

Pancasila economics

Pancasila economics, also known as "Indonesian populist economics" is an economic system which aims to reflect the five principles of Pancasila. The term "Pancasila economy" first appeared in an article by Emil Salim in 1967. Mubyarto is one of t ...

                                               

Participatory economics

Participatory economics, often abbreviated ParEcon, is an economic system based on participatory decision making as the primary economic mechanism for allocation in society. In the system, the say in decision-making is proportional to the impact ...

                                               

Pay what you want

Pay what you want is a pricing strategy where buyers pay their desired amount for a given commodity, sometimes including zero. In some cases, a minimum price may be set, and/or a suggested price may be indicated as guidance for the buyer. The buy ...

                                               

Planned economy

A planned economy is a type of economic system where investment, production and the allocation of capital goods take place according to economy-wide economic plans and production plans. A planned economy may use centralized, decentralized or part ...

                                               

Planned liberalism

Planned liberalism is an economic policy followed in Cameroon since the 1960s that aims to merge the best concepts of capitalism and socialism. In 1965, Cameroon changed from its previous economic philosophy, African socialism, under the guidance ...

                                               

Plantation economy

A plantation economy is an economy based on agricultural mass production, usually of a few commodity crops grown on large farms called plantations. Plantation economies rely on the export of cash crops as a source of income. Prominent crops inclu ...

                                               

Platform economy

The platform economy is economic and social activity facilitated by platforms. Such platforms are typically online matchmakers or technology frameworks. By far the most common type are "transaction platforms", also known as "digital matchmakers". ...

                                               

Platform ecosystem

Many markets are structured as platform ecosystems, they can be open or closed platforms, where a stable core mediates the relationship between a wide range of complements and prospective end-users.

                                               

Political economy

Political economy is the study of production and trade and their relations with law, custom and government; and with the distribution of national income and wealth. As a discipline, political economy originated in moral philosophy, in the 18th ce ...

                                               

Post-capitalism

Post-capitalism includes a number of proposals for a new economic system to replace capitalism, or otherwise speculate on the fate of the current form of the socio-economic order. According to some classical Marxist and some social evolutionary t ...

                                               

Post-Fordism

Post-Fordism is the dominant system of economic production, consumption, and associated socio-economic phenomena in most industrialized countries since the late 20th century. It is contrasted with Fordism, the system formulated in Henry Fords aut ...

                                               

Post-industrial economy

A post-industrial economy is a period of growth within an industrialized economy or nation in which the relative importance of manufacturing reduces and that of services, information, and research grows. Such economies are often marked by: A larg ...

                                               

Price system

In economics, a price system is a component of any economic system that uses prices expressed in any form of money for the valuation and distribution of goods and services and the factors of production. Except for possible remote and primitive co ...

                                               

Production for use

Production for use is a phrase referring to the principle of economic organization and production taken as a defining criterion for a socialist economy. It is held in contrast to production for profit. This criterion is used to distinguish social ...

                                               

Proprietism

The rise of an independent workforce was documented by Daniel H. Pink in his 2001 book Free Agent Nation: The Future of Working for Yourself. Depending on the precise definition of an independent worker, reports on the topic estimate this type of ...

                                               

State ownership

State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community as opposed to an individual or private party. Public ownership sp ...

                                               

Real-time economy

Real-time economy is an environment where all the transactions between business entities are in digital format, increasingly generated automatically, and completed in real-time without store and forward processing. The real-time enterprise is a g ...

                                               

Rentier state

In current political-science and international-relations theory, a rentier state is a state which derives all or a substantial portion of its national revenues from the rent of indigenous resources to external clients.

                                               

Sabbath economics

Sabbath economics is an economic system championed by Christian theologian Ched Myers. The model is an application of the economic aspects of Biblical Sabbath to modern socioeconomics. In the introduction of his book introducing this model, Myers ...

                                               

Shortage economy

Shortage economy is a term coined by Hungarian economist Janos Kornai, who used this term to criticize the old centrally-planned economies of the communist states of the Eastern Bloc. In his article Economics of Shortage 1980, Kornai argued that ...

                                               

Social welfare model

A social welfare model is a system of social welfare provision and its accompanying value system. It usually involves social policies that affect the welfare of a countrys citizens within the framework of a market or mixed economy.

                                               

Socialism

Socialism is a range of economic and social systems characterised by social ownership of the means of production and workers self-management, as well as the political theories and movements associated with them. Social ownership can be public, co ...

                                               

Socialist mode of production

The socialist mode of production, also referred to as the lower-stage of communism or simply socialism as Karl Marx and Friedrich Engels used the terms socialism and communism interchangeably, is a specific historical phase of economic developmen ...

                                               

Socialist perspectives on abortion

Socialist perspectives on abortion vary; some socialist individuals believe in the legalisation and right to abortion on demand. Whereas others do not believe abortion should be legal in any circumstances for a number of reasons. Socialism impact ...

                                               

Socialist-oriented market economy

The socialist-oriented market economy is the official title given to the current economic system in the Socialist Republic of Vietnam. It is described as a multi-sectoral market economy where the state sector plays the decisive role in directing ...

                                               

Social ownership

Social ownership is any of various forms of ownership for the means of production in socialist economic systems, encompassing public ownership, employee ownership, cooperative ownership, citizen ownership of equity, common ownership and collectiv ...

                                               

State capitalism

State capitalism is an economic system in which the state undertakes commercial economic activity and where the means of production are organized and managed as state-owned business enterprises, or where there is otherwise a dominance of corporat ...

                                               

Steady-state economy

A steady-state economy is an economy made up of a constant stock of physical wealth and a constant population size. In effect, such an economy does not grow in the course of time. The term usually refers to the national economy of a particular co ...

                                               

Subsistence economy

A subsistence economy is a non-monetary economy which relies on natural resources to provide for basic needs, through hunting, gathering, and subsistence agriculture. "Subsistence" means supporting oneself at a minimum level; in a subsistence eco ...

                                               

Systematic risk

In finance and economics, systematic risk is vulnerability to events which affect aggregate outcomes such as broad market returns, total economy-wide resource holdings, or aggregate income. In many contexts, events like earthquakes and major weat ...

                                               

Systematic trading

Systematic trading is a way of defining trade goals, risk controls and rules that can make investment and trading decisions in a methodical way. Systematic trading includes both manual trading of systems, and full or partial automation using comp ...

                                               

Systemic risk

In finance, systemic risk is the risk of collapse of an entire financial system or entire market, as opposed to risk associated with any one individual entity, group or component of a system, that can be contained therein without harming the enti ...

                                               

To each according to his contribution

To each according to his contribution is a principle of distribution considered to be one of the defining features of socialism. It refers to an arrangement whereby individual compensation is reflective of ones contribution to the social product ...

                                               

Traditional economy

A traditional economic system is based of customs, history and time-honored beliefs. A traditional economy is an economic system in which traditions, customs, and beliefs help shape the goods and services the economy produces, as well as the rule ...

                                               

Transition economy

A transition economy or transitional economy is an economy which is changing from a centrally planned economy to a market economy. Transition economies undergo a set of structural transformations intended to develop market-based institutions. The ...

                                               

Unplanned economies

An unplanned economy is an economy where economic decisions regarding production, investment and resource allocation are not linked together through conscious economic planning. This may refer to subsistence-level economies, systems of barter or ...

                                               

Vertical archipelago

The vertical archipelago is a term coined by sociologist and anthropologist John Victor Murra under the influence of economist Karl Polanyi to describe the native Andean agricultural economic model of accessing and distributing resources. Aside f ...

                                               

Virtual economy

A virtual economy is an emergent economy existing in a virtual world, usually exchanging virtual goods in the context of an online game, particularly in massively multiplayer online games. People enter these virtual economies for recreation and e ...

                                               

Welfare capitalism

Welfare capitalism is capitalism that includes social welfare policies. Welfare capitalism is also the practice of businesses providing welfare services to their employees. Welfare capitalism in this second sense, or industrial paternalism, was c ...

                                               

Workers' self-management

Organizational self-management, also referred to as labor management and workers self-management, is a form of organizational management based on self-directed work processes on the part of an organizations workforce. Self-management is a charact ...

                                               

World-system

A world-system is a socioeconomic system, under systems theory, that encompasses part or all of the globe, detailing the aggregate structural result of the sum of the interactions between polities. World-systems are usually larger than single sta ...

                                               

World-systems theory

World-systems theory is a multidisciplinary, macro-scale approach to world history and social change which emphasizes the world-system as the primary unit of social analysis. "World-system" refers to the inter-regional and transnational division ...

                                               

Archaeology of trade

The archaeology of trade and exchange is a sub-discipline of archaeology that identifies how material goods and ideas moved across human populations. The terms" trade” and" exchange” have slightly different connotations: trade focuses on the long ...

                                               

Border trade

Border trade, in general, refers to the flow of goods and services across the international borders between jurisdictions. In this sense, it is a part of normal legal trade that flows through standard export/import frameworks of nations. However ...

                                               

Coastal coal-carrying trade of New South Wales

The Coastal coal-carrying trade of New South Wales involved the shipping of coal - mainly for local consumption but also for export or coal bunkering - by sea to Sydney from the northern and southern coal fields of New South Wales. It took place ...

                                               

Commerce

Commerce is the exchange of goods and services, especially on a large scale. It includes legal, economic, political, social, cultural and technological systems that operate in a country or in international trade. In the economic sense, "commerce" ...

                                               

Commodity market

A commodity market is a market that trades in the primary economic sector rather than manufactured products, such as cocoa, fruit and sugar. Hard commodities are mined, such as gold and oil. Investors access about 50 major commodity markets world ...

                                               

Trading company

Trading companies are businesses working with different kinds of products which are sold for consumer, business or government purposes. Trading companies buy a specialized range of products, maintain a stock or a shop, and deliver products to cus ...

                                               

Countertrade

Countertrade means exchanging goods or services which are paid for, in whole or part, with other goods or services, rather than with money. A monetary valuation can however be used in countertrade for accounting purposes. In dealings between sove ...