The Day After Neoliberal Triumphalism

The purpose of this paper is to analyse the causes of failure of the neoliberal model of capitalism and rise of state capitalism. The arguments that efficient market economy can thrive under autocracy are refuted. Both western neoliberal capitalism and state capitalism in China and Russia are juxtap...

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Journal Title: International Journal of Social Economics Vol. 37; no. 7; pp. 476 - 487
Author: Miron Wolnicki
Format: Article
Published: 2010