Economic, political, strategic and humanitarian crises. The market economy is not a panacea

Jacques Fontanel ()
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Jacques Fontanel: CESICE - Centre d'études sur la sécurité internationale et les coopérations européennes - UPMF - Université Pierre Mendès France - Grenoble 2 - IEPG - Sciences Po Grenoble - Institut d'études politiques de Grenoble

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Abstract: Liberal theorists have always argued that the market economy is the most efficient and balanced solution to put humanity on a virtuous spiral of economic development. This analysis is not borne out by the facts, at a time when antagonisms between two systems have normally disappeared. The end of the 20th century has not yet brought solutions to the security of states and people, inequalities are growing and economic development itself is not often virtuous, bringing with it pollution and detestable ecological effects that could jeopardise the quality of life of people of today or tomorrow

Keywords: Economic crisis; security crisis; war; crisis of economic development; crisis of economic science; crisis of environment; Crise économique; crise sécuritaire; guerre; crise du développement économique; crise de la science économique; crise de l'environnement (search for similar items in EconPapers)
Date: 2011-02-24
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Published in La crise monétaire et l'avenir de l'euro, Feb 2011, Paris, France

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-03245316

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