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It has been widely accepted that economic globalization is inevitable, and that globalization plays an increasingly important role in determining relative economic growth among countries. Considerable studies have addressed that increased in globalization or trade liberalization is directly or...
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The varieties of capitalism (VoCs) approach has the potential to transform economics. It implicitly emphasizes the … theory to include a distinction between varieties and varietals of capitalism. Drawing on biology, varieties correspond to … inevitably involve choice means there is an inescapable normative question regarding what type of capitalism society will have. …
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This paper will discuss how the Financial Crisis of 2008 has thrown neoliberalism into a deep legitimation crisis. Over the past four decades the neoliberal ethic of Ronald Reagan and Margaret Thatcher has permeated American life both public and private. The principles of the laissez faire...
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wishful denials -- The necessary renewal of Marxian conceptions -- The objective possibility of socialism? -- Political and … social revolution -- Downward equalization of the differential rate of exploitation -- Socialism or barbarism: -- From the … labour's self-alienation" -- Socialism in the twenty-first century -- Irreversibility: the imperative of a sustainable …
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