The Frasier Institute’s Economic Freedom of the World is often taken as a metric of market capitalism. This paper …” literature suggests that countries embrace an “Anglo-Swiss” policy model, although the rich world offers alternative models that …

around the world. The multiplier effect was more than 10 for the U.S. as the whole subprime market size was U.S.$1.2trillion …. Finally capitalism no longer works if it cannot solve the excesses of unemployment as are happening in some Eurozone countries. …

implications are (b) the emergence of a new social formation that may be called World Market Capitalism, which has a vastly … system that then existed in the world, and (c) the transition from a uni-polar world, with the U.S.A. as the single center of … power, after the fall of the Soviet Union in 1989, to a multi-polar world order at the end of the first decade of the 21st …

gets accumulated and the specific historical trajectory of twentieth-century capitalism up to the present. …

-growing countries, China and India, with the liberalised global economy. The integration is taking place under “current globalisation … negative, the direct and the indirect effects, the most up-to-date empirical research suggests that globalisation has a small … wages for workers in the North. It is concluded that current globalisation cannot meet these twin objectives and that …

is to analyse this process of globalisation of the crisis, which as will be explained below is closely linked to … financial globalization. …