kaal:claim:3406323-009

Decentralization transcends the capitalism versus socialism dichotomy because it uses elements of both profit generation and redistribution, organizing economic structures that generate profits while simultaneously redistributing resources.

Source quote, verbatim

Decentralization uses elements of profit generation and redistribution in a way that in effect combines capitalistic and socialistic ideas.

From

Wulf A. Kaal, Decentralization - A Primer on the New Economy (2019), III. Transcending Capitalism and Socialism, p. 8
https://ssrn.com/abstract=3406323 · source PDF

Cite as

Wulf A. Kaal, Decentralization - A Primer on the New Economy (2019). SSRN: https://ssrn.com/abstract=3406323

Classification

mechanismsupport: arguedeconomics

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