The Market Spirit of Present Time and Its Anti-Cultural Orientation  Cover Image

The Market Spirit of Present Time and Its Anti-Cultural Orientation
The Market Spirit of Present Time and Its Anti-Cultural Orientation

Author(s): Velcho Stoyanov
Subject(s): Economy
Published by: Стопанска академия »Д. А. Ценов«
Keywords: market; free market; regulated market; market culture; market society; market system; culture; anti-culture; liberalism; neoliberalism; libertarianism; efficiency; regulation; deregulation; religion; ecumenism; globalization; education; science

Summary/Abstract: The issue of the direction in which market, market economy and society will continue to develop has become extremely popular based on the globalization and fi­nancial-economic crisis. The spells of „deregulation” and „free market” have been sub­ject to total criticism and the opposite mantra – „regulation” is becoming increasingly topical. The ultra-liberals’ experiments proved to be too expensive for taxpayers in the world – around 2 trillion dollars, the social dimensions being difficult to assess. After the non-market real socialism self-collapsed and the super liberal capital­ism failed (for a second time in the course of around 90 years) we can do nothing but face and accept the medium model or the so-called „medium/noble/ path.” If common sense, morals and spirit do not triumph with an emphasis on education, science and har­mony, we can hardly expect a better future.

  • Issue Year: 1/2011
  • Issue No: 1-ENG
  • Page Range: 31-58
  • Page Count: 28
  • Language: English