Limiting the State versus Expanding it: A Criticism of this Debate

Richard Wolff and Anwar M. Shaikh

Chapter 3 in Contemporary Economic Theory, 1999, pp 72-88 from Palgrave Macmillan

Abstract: Abstract In most ways, very little of the so-called ‘Neoliberal paradigm’ is new. After all, its proponents have propagated its core propositions widely for more than two centuries. These claim that economic progress will be greater (1) the more free markets (rather than other mechanisms) distribute a society’s resources and products, and (2) the more productive resources and products are owned by private individuals or corporations (rather than, say, by states).

Keywords: Class Structure; Great Depression; State Ownership; Private Capitalism; State Capitalism (search for similar items in EconPapers)
Date: 1999
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-27714-8_3

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DOI: 10.1007/978-1-349-27714-8_3

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