Hypothesis of a two-level investment system and the prospects for the planned development of the socialist market economy

Abstract

Purpose. To substantiate an alternative investment system that would meet the needs of the further development of the modern economy and at the same time solve the problem of combining the planned development of the economy with its market functioning. Methodology. The study is based on the methodology of modern postclassical science, represented primarily by synergy, the theory of complex systems and the theory of chaos, and tends to sharpen the opposition between equilibrium functioning and nonequilibrium development of complex systems. The use of analytical tools of the post-classical methodology for analyzing the potential opposite of the mechanism of functioning and the mechanism of development of the economy in the conditions of the transition to the socialist market economy. Findings. Theoretical substantiation of the possibility of combining opposite mechanisms of functioning and development in a single economic system in the transition to the socialist market economy. This study proposes a theoretical scheme for a new investment system that includes two levels as a closed cycle of circulation of systemic capital. At the top level, there is a systematically organized process of creating new enterprises. These enterprises are created with the aim of selling them and creating new enterprises in the respective market in order to increase competitive activity. Such an investment system is able to provide a deep technological modernization of the economy from above through the constant creation of more and more green and energy-saving enterprises. However, the creation of such an investment system requires special historical conditions, since its formation is historically inaccessible to either capitalism or socialism and the system can only be created under the conditions of the socialist market economy. Originality. The originality is associated with the substantiation of the hidden opposition of the mechanisms of functioning and development of the economy, as well as the formation of an investment system that includes two levels as a closed cycle of circulation of systemic capital in the conditions of the development of the socialist market economy. Practical value. The scientific contribution is associated with the ability to practically use the methods for forming a two-level investment system in a closed cycle of circulation of systemic capital.