Title:
SUSTAINABILITY THOUGHTS 121: HOW ARE RED MARKET PARADIGM SHIFT KNOWLEDGE GAPS CREATED FROM THE RED SOCIALISM ANGLE? IN WHICH WAYS CAN THEY LEAD TO THE MISHANDLING OF THE EXPECTED PARADIGM SHIFT FROM RED SOCIALISM TO ECONOMY FRIENDLY RED SOCIALISM ?

Authors:
Lucio Munoz* ,Canada

Abstract:
Perfect markets have a knowledge base that supports their model structure, their choice structure, and their price structure. In the case of the traditional market, a one dominant component market, the knowledge base is micro-economics and macro-economic thinking, or pure capitalism thinking. In the case of red socialism markets, another one dominant component based market, the knowledge base is red socialism a la Karl Marx. And in the case of economy friendly red socialism markets or red markets, a two dominant component based market, the knowledge base is red micro-economic and red macro-economic thinking. We know that one dominant component based markets are linking to a related two component based market by sustainability gaps. For example, the traditional market is linked to red markets by a social sustainability gap; and red socialism markets are linked to the red market by an economic sustainability gap. And when sustainability gaps are closed, then paradigms shift from one dominant component market such as the red socialism market to a two dominant component market such as a red market creating paradigm shift knowledge gaps in the process, in this case red socialism market led red market paradigm shift knowledge gaps, which can affect the proper handling of the expected paradigm shift such as the shift from red socialism to economy friendly red socialism or red markets under economic sustainability pressures. And this raises the questions, how are red market paradigm shift knowledge gaps created from the red socialism angle? In which ways can they lead to the mishandling of the expected paradigm shift from red socialism to economy friendly red socialism? Among the goals of this paper are to provide answers to those questions, analytically and graphically