Proposal for a New Economic Framework


Marketed By :  LAP LAMBERT Academic Publishing   Sold By :  Kamal Books International  
Delivery in :  10-12 Business Days

₹ 5,066

Availability: Out of stock


Delivery :

Product Out of Stock Subscription

(Notify me when this product is back in stock)

  • Product Description
Resources are scarce as compared to unlimited wants. But, the economics of non-rival ideas creation has proved that resources are ample and that physical resources could be used in ways that keeps fulfilling the basic needs of society through the creation of ideas that augment and bring multiplier effect to the availability of given physical resources. In simple words, the development in science and technology by developing human capital base has enabled the societies through each level in history to make best use of physical resources and avoid resource exhaustion for the basic requirements. Despite that, poverty has persisted. Problem is not with resource scarcity, it is with distribution of resources which require an equitable and egalitarian socio-economic system. What is needed is a system that consists of institutions working towards fulfilling this objective. Capitalism, the way it is practiced as an economic system, has largely allowed and promoted certain institutions and their operations based on free market philosophy and such institutions have been chief reasons behind much of distributional inequity in the world today.
Product Specifications
SKU :COC12562
Country of ManufactureIndia
Product BrandLAP LAMBERT Academic Publishing
Product Packaging InfoBox
In The Box1 Piece
0 Review(s)