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Economic Systems and Normative Fundaments
Büscher, Martin
Büscher, Martin
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IWE_52.pdf
Adobe PDF, 85.28 KB
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Abstract
Is the normative fundament of a market system within the neo-classical paradigm an adequate basis to guarantee a socially and ecologically accountable regulation of the economic system? The argument of this paper will be that the neoclassical approach - when, i.e., referring to the classic liberal Adam Smith and the German ordoliberals - does not take into account the substantial historical change of the market framework and socio-political conditions.
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Article
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1992-11
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390654852X
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With permission of the license/copyright holder