World Economic Trends: An Enquiry

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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.

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Author and article information

Contributors

Akhilesh Chandra Prabhakar: Malaysia

Journal

Title: International Journal of Management Studies

Publisher: UUM Press

Publication date (Electronic): June 30 2013

Volume: 20

Pages: 109-163

Affiliations

[1 ]School of Economic, Finance and Baking Universiti Utara Malaysia

Article

DOI: 10.32890/ijms.20.1.2013.10381

SO-VID: 20059ec3-e5ea-42ed-8c51-a7ab1e726cd0

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History

ScienceOpen disciplines: Education & Public policy,Educational research & Statistics,Management,International economics & Trade,Labor & Demographic economics

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ScienceOpen disciplines: Education & Public policy, Educational research & Statistics, Management, International economics & Trade, Labor & Demographic economics

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