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...
| Հիմնական հեղինակ: | |
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| Ձևաչափ: | Working paper |
| Հրապարակվել է: |
University of Oxford
2017
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