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  The National Economy down the Ages of Socialism (1949-1989)

  During the 80's the communism goes into deep crisis. Socialist engineering faces undecidable problems.... During the 80's the communism goes into deep crisis. Socialist engineering faces undecidable problems.

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  Human Action, Part Four, Chapter XVII. Action in the Passing of Time, && 5-9

  Capital goods are intermediary steps on the way toward a definite goal. If in the course of the period of production the goal is changed, it is not always possible to use the intermediary products already available for the pursuit of the new goal. Some of the capital goods may become absolutely useless, and all expenditure made in their production ... Capital goods are intermediary steps on the way toward a definite goal. If in the course of the period of production the goal is changed, it is not always possible to use the intermediary products already available for the pursuit of the new goal. Some of the capital goods may become absolutely useless, and all expenditure made in their production appears now as waste. Other capital goods could be utilized for the new project but only after having been subjected to a process of adjustment; it would have been possible to spare the costs required by this alteration if one had from the start aimed at the new goal. A third group of capital goods can be employed for the new process without any alteration; but if it had been known at the time they were produced that they would be used in the new way, it would have been possible to manufacture at smaller cost other goods which could render the same service. Finally there are also capital goods which can be employed for the new project just as well as for the original one.

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  Contemporary Aspects of the Sustainability Management

  Democracy, private property and self-government should be considered as crucial factors in the future. Increasing decentralization of functions, rights and responsibilities, expanding democratic foundations of management and economic initiatives are processes which will have a more profound impact on the sustainable development.... Democracy, private property and self-government should be considered as crucial factors in the future. Increasing decentralization of functions, rights and responsibilities, expanding democratic foundations of management and economic initiatives are processes which will have a more profound impact on the sustainable development.