Suchergebnisse

The text is discussing the possibility of Welfare State reactualization in the perspective of global economic crisis which endangers the neoliberal economic paradigm. First of all, the text represents the principles of the classic Welfare State model which was realized after the Second World War in Europe. The possibility of reactualization of some of these principles afterwards is investigated in the text. The essay comes to the conclusion that so called "Welfare Consensus" between moderated Left & moderated Right needs to be restored for creation of a large social basis which can enable one complex postneoliberal politics. This postneoliberal politics asks for a new economic paradigm, & this new paradigm can be founded only by a moderated Left & a moderated Right consensus, which was previously realized in the classic Welfare State as the defense against all adventurous political projects. Adapted from the source document.

The paper is reviewing basic features of contemporary economic crisis, from the standpoint of political economy and public policy. The argument developed in the paper is, on the one hand, based on the political economy of the public sector and its crucial empirical findings. Secondly, the contributions of public policy theory related to basic problems of public governance systems are systematically reviewed, by emphasising the potential of these systems for formulating development policy. The paper is also discussing the importance of the non-economic sources of economic crises. Adapted from the source document.

The author demonstrates the non-existence of a consistent theory of market and of the modern capitalist system. Only a conceptual analysis is possible which is more revealing of the methodologies of various theoretical trajectories and a comparative analysis of different viewpoints and theoretical contradictions in relation to historical reality. The fundamental theoretical accomplishment of Strpic's analysis is that it offers a fertile core of clarification of market society and capitalism. The search for modern political economy opens up three aspects of the crisis of capitalism and of its economic theory. The political strategy of laissez faire in the beginning of the 20th century brought about the Great Depression (1929-1933), and the theoretical and political turn to Keynesianism (1936). In the 1970s the great stagflation (1971-1980) cleared the path for the neo-liberal theoretical counterrevolution (1972). In the period of the Great Recession (2007-2012) the necessity is imposed on us of a new theoretical turn in the direction of anti-neo-liberalism. Market economy and its invisible hand cannot be simply suppressed into closed out theoretical systems; the economists overlooked precisely this simplification and abstraction from real relations. Strpic's theoretical project of the Modern Normal and matrix-capitalism makes it possible to read in a new way the incommensurability of theoretical paradigms, not as a unified theory but as a developmental project which is prerequisite for explaining the character of the present crisis and the dynamic development of the modern transformation of capitalism. Adapted from the source document.