文章基本信息

标题：THE LONG-TERM IMPLICATIONS OF THE 2008 BAILOUT FOR THE AMERICAN MODEL OF CAPITALISM
本地全文：下载
作者：MICHAEL DORSCH
期刊名称：New Perspectives on Political Economy
印刷版ISSN：1801-0938
电子版ISSN：1801-0938
出版年度：2010
卷号：06
期号：01
出版社：Liberalni Institut, University of Economics, Prague
摘要：This paper considers the future of free market capitalism in the wake of the American boom-bust-bailout experience. The political economy of financial sector influence in the United States is examined within the context of the banking bailout of 2008. I argue that the banking bailout, enabled by a corrupted political system, will have implications for (i) the future growth of the U.S. economy and for (ii) the philosophical foundations of free-market capitalism. Taken together, these implications may catalyze a re-evaluation of the optimality of the American model of free-market democratic capitalism, both in the United States and abroad.