Mainstream economics deals with social costs as a market failure. Within the complex open-systems approach of evolutionary economics, K W Kapp derived the conception of market-based capitalist economizing as a generation of social cost. This book analyzes these ideas.

A major contributor to this approach was K. W. Kapp. Within the complex open-systems approach of evolutionary economics, he derived the conception of market-based capitalist economizing as a generation of social cost. This book analyzes these ideas.

Contents
Preface
List of contributors
Introduction
1 Freedom To Plan. On Kapp's Institutional Outlook
Michele Cangiani
2 Political Democracy And Social Costs:
Reading K.W. Kapp's 'Political Economy' Today
Regine Heidenreich
3 Social Costs, Social Rights And The Limits Of Free Market Capitalism: A Re-Reading Of Kapp
Maurizio Franzini
4 Increasing Complexity In The 'New' Economy And Coordination Requirements Beyond The 'Market': Blockages And Lock-Ins As Social Costs, And A New Governance To Mitigate Them
Wolfram Elsner*
5 Policy For Social Costs:
Kapp V. Neoclassical Economics
James A. Swaney
6 Improved Allocation Through Environmental Taxes?
Theory And Reality: The Example Of Germany
Gustav M. Obermair and Lorenz Jarass
7 Unemployment As A Social Cost
Paolo Ramazzotti amd Marco Rangone
8 Social Costs And Human Health:
Kapp's Approach And Its Growing Relevance Today
Pietro Frigato
9 Impact Of Economic And Labour Market Policy On Health: Health Costs Of The 'Transition Process' In Central And Eastern Europe
Richard Peter and Johannes Siegrist