Socialisation of capitalism in Central and Eastern Europe

Abstract

The search for ways to develop capitalism and the ways of its socially
acceptable configuration evokes ever-growing interest of specialists. The
recognition of the ways of overcoming economic stagnation in conditions
of limited resources and the growing social awareness of increasingly better
communicated networks of societies encourages the formulation of ways to
reform capitalism. We leave radical solutions beyond discussion, especially
those known from the history of the last century. The contemporary development
of productive forces and socio-economic life creates new conditions
for changes in the capitalist reality. The authors are especially interested in
the pro-social ones. In order to define the phenomenon of socialisation of
capital, the authors refer to the social market economy, a specific economic
order, as well as to a social enterprise, i.e. an entity accomplishing social
objectives as part of business operations. The social market economy and
a social enterprise have been indicated as important elements of the economy
as well as the state’s economic policy. In order to fully fulfil its goals and
duties in the context of shaping the quality of life of society, the state should
include market entities that fulfil socially useful goals as part of the market
mechanism in the economic system.