Full paper pdf: http://sam-d.si/wp-content/uploads/2018/04/DRMJv02n01a01.pdf
DOI:
10.17708/DRMJ.2013.v02n01a01
Author(s):
Excerpt:
Each socioeconomic system is determined by three interwoven factors: ownership of enterprises, their governance, and their goal. Thus, the capitalist system is based on private ownership, corporate governance conducted by capital, and profitability as the goal of enterprises. There are many signs of changes bringing about questions regarding the future of the three phenomena and the capitalist socioeconomic system. There is little doubt that the changes exist. They can be seen as evolutionary (quantitative), revolutionary (qualitative) or both. The author of this paper primarily discusses revolutionary changes, in particular the signs of the changes connected to the three basic factors and characteristics of the socioeconomic system. His opinion is that the signs point to the change of the capitalist system to a new socioeconomic system whose characteristics could include social ownership, stakeholders’ governance or governance by collectives, and social responsibility and ethics as the main goal guiding enterprises instead of profitability.
Pages:
3-14