Abstract
Capitalism is a widely discussed topic in economic as well as in sociological studies. Since the early ‘90s, after the collapse of the economic systems of socialist Countries, it has become the main way of organizing the economy in most of the world. This article is set to describe the features of Liberal Market Economies (LMEs) and Coordinated Market Economies (CMEs), as defined in the literature on the topic, with particular reference to the European context. Even if such description is based on traditional elements, it can be useful in order to study the current evolutionary patterns of the two main models of capitalism, not only in a European perspective but also in a global one.
Subject
General Agricultural and Biological Sciences,Philosophy,Classics,Physical and Theoretical Chemistry,Mechanical Engineering,General Chemical Engineering,Infectious Diseases,Cell Biology,Cellular and Molecular Neuroscience,Biochemistry,Law,Social Sciences (miscellaneous),History,General Economics, Econometrics and Finance,Business and International Management,Mechanical Engineering,Ocean Engineering,Aerospace Engineering,Condensed Matter Physics,Nuclear Energy and Engineering,Civil and Structural Engineering,Statistical and Nonlinear Physics,Statistics and Probability,Industrial and Manufacturing Engineering,Management Science and Operations Research,Statistics, Probability and Uncertainty,Statistics and Probability
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