Year: 2013
Type: article
Abstract: The series of current global economic and fi nancial crises especially in the USA and the European Stock Exchange Markets, the international division of labour and the global distribution of economic and political power led by free markets economies clearly indicate the collapse of Adam Smith’s ideology, and the Thatcher–Reagan free– market model that dominated thinking for 30 years has been discredited. A practical solution for the current ills is possible. Keywords: International fi nance capital, crisis of capitalism, socialism is the future.
Author: Akhilesh Chandra Prabhakar
Institution: Universiti Utara Malaysia
Language: English
Subfield: Sociology and Political Science
Field: Social Sciences
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W2287569509