Author: Mark A. Martinez
Edition:
Publisher: Kumarian Press
Binding: Paperback
ISBN: 1565492676
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You Save: 34%
The Myth of the Free Market: The Role of the State in a Capitalist Economy
* Explains how the 2008 financial meltdown came about and how to revitalize global and domestic economies
* Shows how capitalist economies developed and why the state matters in their functioning
Free market purists claim that the state is an inefficient institution that does little for society beyond providing stability and protection.The Myth of the Free Market review. The activities related to distributing resources and economic growth, they say, are better left to the “invisible hand” of the marketplace. These notions now seem tragically misguided in the wake of the 2008 market collapse and bailout. Mark Martinez describes how the flawed myth of the "invisible hand" distorted our understanding of how modern capitalist markets developed and actually work.
Martinez draws from history to illustrate that political processes and the state are not only instrumental in making capitalist markets work but that there would be no capitalist markets or wealth creation without state interventionRead full reviews of The Myth of the Free Market: The Role of the State i..., 9781565492677.
Read The Myth Of The Free Market: The Role Of The State In A Capitalist Economy Marti reviews by
author mark a martinez format paperback language english publication year 15 04 2009 subject management business economics industry subject 2 economics professional general title the myth of the free market the role of the state in a capitalist economy author martinez mark a publisher kumarian pr publication date mar 31 2009 pages 318 binding paperback dimensions 5 75 wx 8 75 hx 0 50 d isbn 1565492676 subject business economics corporate business history brand new paperback all orders get full
The Myth of the Free Market: The Role of the State in a Capitalist Economy, ISBN-13: 9781565492677, ISBN-10: 1565492676
Myths of the Free Market is arguably the most significant book in economics and politics since John Maynard Keynes. It systematically presents a broad range of telling criticisms of free market economics, criticisms that have not been presented elsewhere. Despite our genuine faith in the free market, laissez faire has not maximized wealth. When we moved from the purer free market policies of the 1920s and early 1930s to the proto-socialism of Roosevelt, our economic growth increased. As we have
Categories: Free enterprise. Contributors: Mark A. Martinez - Author. Format: Paperback
The Myth of the Free Market Reviews
The activities related to distributing resources and economic growth, they say, are better left to the “invisible hand” of the marketplace. These notions now seem tragically misguided in the wake of the 2008 market collapse and bailout. Mark Martinez describes how the flawed myth of the "invisible hand" distorted our understanding of how modern capitalist markets developed and actually work.
Martinez draws from history to illustrate that political processes and the state are not only instrumental in making capitalist markets work but that there would be no capitalist markets or wealth creation without state intervention. He brings his story up to the present day to show how the seeds of an unprecedented government intervention in the financial markets were sown in past actions. The Myth of the Free Market is a fascinating and accessible introduction to comparative economic systems as well as an incisive refutation of the standard mantras of neoclassical free market economic theory.
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