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...
| 主要作者: | |
|---|---|
| 格式: | Working paper |
| 出版: |
University of Oxford
2017
|