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International inequality and the global crisis – Managing markets for sustainable growth

Brett, Teddy (2013) International inequality and the global crisis – Managing markets for sustainable growth. International Development (23 Oct 2013). Website.

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Abstract

While in our view the concept of a self-regulating market was utopian, and its progress was stopped by the realistic self-protection of society, in their [liberal] view all protectionism was a mistake due to impatience, greed or shortsightedness, but for which, the market would have resolved its difficulties. The question of which of these two views is correct is perhaps the most important problem of recent social history, involving as it does no less than a decision on the claim of economic liberalism to be the basic organising principle in society. Karl Polanyi (1944: 148).

Item Type: Online resource (Website)
Official URL: http://blogs.lse.ac.uk/internationaldevelopment/
Additional Information: © 2013 The Author(s); Online
Divisions: International Development
Subjects: H Social Sciences > HB Economic Theory
H Social Sciences > HG Finance
Sets: Departments > International Development
Collections > LSE International Development Blog
Date Deposited: 18 May 2017 08:20
Last Modified: 19 Nov 2019 19:05
URI: http://eprints.lse.ac.uk/id/eprint/77534

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