Yet the evidence is that market capitalism
has been weaker on most key measures of economic performance than the period of managed capitalism.
The dominance of a prudently managed, state-controlled economy over the much-feared, but in fact hollow, economy of US belies all claims about the infallibility of free market capitalism
Unfortunately for market capitalism
, the great crash of 2008 has greatly burnished state capitalism's credentials.
Laissez-faire or free market capitalism
will not address these issues.
Impotence therefore faces both those who believe in what amounts to a pure, stateless, market capitalism
, a sort of international bourgeois anarchism, and those who believe in a planned socialism uncontaminated by private profit-seeking.
French President Nicolas Sarkozy, who called market capitalism
"an immoral system" at the New World, New Capitalism symposium in Paris, January 8
For even the longest in the tooth it has been an unprecedented year with some of the most conservative of commentators suggesting that it could even be the end of free market capitalism
as we have known it.
A massive reassessment is finally in progress, with US elites now recognizing that market capitalism
is in crisis, and that the world will not blindly follow their lead.
The Shock Doctrine: The Rise of Disaster Capitalism provides a detailed description of the origins and outcomes of neo-liberal economics and free market capitalism
during the past 35 years.
JEDDAH: While free market capitalism
is thriving globally and bringing unprecedented prosperity to many, the reality is that half the world lives on two dollars a day or much less.
Greenspan identifies two reasons why market capitalism
has found only qualified acceptance even after the fall of the Berlin Wall and the collapse of communism.
This article is focused on the fairly widespread judgment among intellectuals in the humanities--and notably in Christian moral theology and ethics--that market capitalism
is animated by a human ontology that brings forth the twin deadly evils of human reification within a vicious order of commodification.
Each month when I receive ColoradoBiz it becomes more and more obvious that the writers and editors of this magazine have no clue about business or free market capitalism
I]t's not the case that market capitalism
requires or generates loveless people [or people who lack other virtues].
Profit with Honor: The New Stage of Market Capitalism