The market turn: from social democracy to market liberalism

Social democracy and market liberalism offered different solutions to the same problem: how to provide for life-cycle dependency. Social democracy makes lateral transfers from producers to dependents by means of progressive taxation. Market liberalism uses financial markets to transfer financial ent...

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Detalles Bibliográficos
Autor principal: Offer, A
Formato: Working paper
Publicado: University of Oxford 2017