CAPITALISM IN ILLUSION AND DELUSION

Doru Cirnu and Amelia Boncea
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Doru Cirnu: Constantin Brancusi University, Romania
Amelia Boncea: Constantin Brancusi University, Romania

Annals - Economy Series, 2011, vol. 4, 55-58

Abstract: The current crisis seems to shake the foundations of contemporary society as a whole and generated increasingly more opinions that show the capitalist society has begun and continues to lose ground. This is because capitalism has changed something inside so deeply that eternal truths of capitalism – economic growth, full employment, financial stability – seem to have crashed like the New York twin towers. Beyond all the shortcomings, quite a lot in numbers, known and recognized, the world and those who analyze it agree that, at least so far, has not been invented a better mechanism to obstruct and retain tyranny and so it is possible to consider the evolution of capitalism only in and through democracy.

Keywords: capitalism; globalization; economical growth; democracy; crisis (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:cbu:jrnlec:y:2011:v:4:p:55-58

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