Neoliberalism versus Social Democracy: Empirical Evidence

M. Panić
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M. Panić: University of Cambridge

Chapter 4 in Globalization, 2011, pp 109-141 from Palgrave Macmillan

Abstract: Abstract In his critique of laissez-faire capitalism, written less than a decade after the Russian Revolution and following a visit to the Soviet Union, Keynes ([1926] 1972, p. 33) concluded that although ‘it is in many ways extremely objectionable … capitalism, wisely managed, can probably be made more efficient for attaining economic ends than any alternative system yet in sight’.

Keywords: Labour Market; Monetary Policy; Welfare State; Aggregate Demand; Advanced Economy (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-30701-8_4

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DOI: 10.1057/9780230307018_4

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