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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Tác giả chính: Offer, A
Định dạng: Working paper
Được phát hành: University of Oxford 2017