AFTER THE CRISIS: THE END OF CAPITALISM OR A NEW AND REFORMED CAPITALISM ?

Petre Prisecaru

Revista Economica, 2012, vol. Supplement, issue 1, 680-686

Abstract: The aim of this paper is to present what happened with the capitalist system after the worst crisis in the last 60 years which caused a lot of troubles in the world economy and imposed a lot of critics and analyses of traditional capitalist economic and social model. Some Nobel Prize winners for economics and otherwell known economists have analyzed the causes and effects of financial crisis and what are needed for attaining a sustainable growth and for protecting the social base of modern capitalism-the middle class. Besides reforming the economic science one needs to reform the corporate, national, regional and global governance by promotin public interests and not corporations profits and interests.

Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:blg:reveco:v:supplement:y:2012:i:1:p:680-686

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