State Interventionism in the Capitalist Europe by Grants

Niculcea Silviu Petriºor ()
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Niculcea Silviu Petriºor: “Constantin Brâncoveanu” University from Piteºti, Faculty of Management-Marketing in Economic Affairs Brãila

Ovidius University Annals, Economic Sciences Series, 2012, vol. XII, issue 2, 295-300

Abstract: Although, it is often said about the market-regulation antithesis, the market itself can not exist without regulation or without the State guarantee. Market exists because the State regulates private property, contracts, etc. The free market is not chaos but an organization whose responsible and guarantor is the State. The free market, in the strict sense of the phrase, does not exist, because the very idea of the market means the market rules that those on the market must follow. The market is not deregulation, but a certain type of regulation. The State intervention in the economy is constant and normal, because the State must ensure that the rules set - the market rules - are respected, even when it comes to the laissezfaire kind of liberal State.

Keywords: State interventionism; integration; regional policy. (search for similar items in EconPapers)
JEL-codes: R58 (search for similar items in EconPapers)
Date: 2012
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