Neoliberalism and Planned economy

Shortcuts: Differences, Similarities, Jaccard Similarity Coefficient, References.

Difference between Neoliberalism and Planned economy

Neoliberalism vs. Planned economy

Neoliberalism or neo-liberalism refers primarily to the 20th-century resurgence of 19th-century ideas associated with laissez-faire economic liberalism. A planned economy is a type of economic system where investment and the allocation of capital goods take place according to economy-wide economic and production plans.

Similarities between Neoliberalism and Planned economy

Neoliberalism and Planned economy have 8 things in common (in Unionpedia): Augusto Pinochet, Eastern Bloc, Economic calculation problem, Economic planning, Friedrich Hayek, Ludwig von Mises, Market economy, Technocracy.

Augusto Pinochet

Augusto José Ramón Pinochet Ugarte (25 November 1915 – 10 December 2006) was a Chilean general, politician and the dictator of Chile between 1973 and 1990 who remained the Commander-in-Chief of the Chilean Army until 1998 and was also President of the Government Junta of Chile between 1973 and 1981.

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Eastern Bloc

The Eastern Bloc was the group of socialist states of Central and Eastern Europe, generally the Soviet Union and the countries of the Warsaw Pact.

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Economic calculation problem

The economic calculation problem is a criticism of using economic planning as a substitute for market-based allocation of the factors of production.

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Economic planning

Economic planning is a mechanism for the allocation of resources between and within organizations which is held in contrast to the market mechanism.

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Friedrich Hayek

Friedrich August von Hayek (8 May 189923 March 1992), often referred to by his initials F. A. Hayek, was an Austrian-British economist and philosopher best known for his defense of classical liberalism.

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Ludwig von Mises

Ludwig Heinrich Edler von Mises (29 September 1881 – 10 October 1973) was an Austrian-American theoretical Austrian School economist.

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Market economy

A market economy is an economic system in which the decisions regarding investment, production, and distribution are guided by the price signals created by the forces of supply and demand.

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Technocracy

Technocracy is a proposed system of governance where decision-makers are selected on the basis of their expertise in their areas of responsibility, particularly scientific knowledge.

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The list above answers the following questions

What Neoliberalism and Planned economy have in common
What are the similarities between Neoliberalism and Planned economy

Neoliberalism and Planned economy Comparison

Neoliberalism has 335 relations, while Planned economy has 85. As they have in common 8, the Jaccard index is 1.90% = 8 / (335 + 85).

References

This article shows the relationship between Neoliberalism and Planned economy. To access each article from which the information was extracted, please visit:

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