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Неолиберални корени светске економске кризе
Neoliberal Roots of the World Economic Crisis

Author(s): Nebojša Katić
Subject(s): Economy
Published by: Nova srpska politička misao
Keywords: economy; neoliberalism; laissez faire; free market; world economic crisis

Summary/Abstract: The author starts with the hypothesis that the ongoing economic crisis is “probably the greatest one the world has ever seen”, judging by its scope and depth, but thinks that the apparent consequences of the crisis are still smaller than those of the 1929 Depression. The main culprit for and generator of both the current and previous crises are the (neo)liberal economic policy and theory with their “deregulated market” and free competition dogmas as universal cures for all social and economic problems. At the end the author somewhat ironically states that very soon a new and renamed incarnation of laissez faire will appear, i.e. that when the crisis comes to an end, there will be voices and papers explaining that neoliberal principles are in fact flawless, and that the only mistakes were made in their implementation and techniques. The state will again be labeled as culprit, instead of the private sector and the “casino economy” logic.

  • Issue Year: 17/2009
  • Issue No: 03+04
  • Page Range: 55-66
  • Page Count: 12
  • Language: Serbian