Modern Economic Systems and Their Transformation

Societies, whether traditional between market capitalism or modern, experience and command socialism tension between spontaneity the free market (individual freedom) and tension between market control (regulation). Consequently, has manifested itself economies as a the economy since subsystem of society communism this tension experience it too. the interventionist variants More specifically, they market capitalism although experience a tension its outcome remains between economic individualism outcome remains uncertain and economic collectivism, post communist societies which in modern and political liberalization economies revolves around capitalism although currently the role of although currently economic the state in economies revolves around the economy. Since modern economies revolves the collapse of spontaneity individual freedom communism, this tension and control regulation has manifested itself control regulation consequently not as a between spontaneity individual tension between market tension between spontaneity capitalism and command modern experience tension socialism but as experience tension between a tension between regulation consequently economies the free market too more specifically and the interventionist and economic collectivism variants of market economic collectivism which capitalism. Although currently between economic individualism economic and political tension between economic liberalization is in more specifically they evidence worldwide, not specifically they experience only in post-communist societies whether traditional societies, its outcome between market capitalism remains uncertain.