Capitalism versus Pragmatic Market Socialism

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The book explores the contrasting economic systems of capitalism and pragmatic market socialism through a general equilibrium framework. It delves into the theoretical underpinnings and practical implications of both models, examining how they address issues such as resource allocation, efficiency, and social welfare. By analyzing various case studies and economic theories, the author provides insights into the strengths and weaknesses of each system, ultimately contributing to the ongoing debate about the best approach to economic organization in contemporary society.