Online ISSN 2286-0266
Print ISSN 1223-0685
© 2025 Œconomica by ASE & SOREC
 
Silviu CERNA
Universitatea de Vest din Timişoara
Although, after much hesitation, Romanian authorities said they aim to establish free market economy, many officials and opinion makers and, unfortunately, quite a few economists do not seem to know very well even now – a quarter of a century since the fall of communism – what this type of economy is and how it works. The analysis of the features of this economic and social system is therefore useful.

ŒCONOMICA no. 3/2015
Keywords: capitalism, communism, systemic transformation, transition
JEL: P10, P20
Capitalism [Capitalismul]