President of Change or President of Continuity?
Michele Salvati, Corriere della Sera (in Italian) | January 21, 2009
Worldwide, the state has recently reassumed a greater role in the economy, including firm sustainers of the neoliberal philosophy. ++ The adoption of Keynesian measures has been seen as an unavoidable step to counteract the undesirable consequences of excessive deregulation of financial markets. ++ These measures are, however, provisional and will disappear as soon as the crisis is tamed. ++ Even a new American president whose motto is "change" will not suffice to undermine the centrality of the neoliberal regime.
Tags: | keynesian economics |
financial reform |
financial crisis |
Obama |
Keynes |
neoliberalism |
Economic crisis |
