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Although laissez-faire has been commonly associated with capitalism, there is a similar economic theory associated with socialism called left-wing or socialist laissez-faire, also known as free-market anarchism, free-market anti-capitalism and free-market socialism to distinguish it from laissez-faire capitalism.
The Crisis of Global Capitalism: The Crisis of Global Capitalism: Open Society Endangered. New York: PublicAffairs. ISBN 9781891620270. ISBN 978-1-891620-27-0; Soros, George (2008). The New Paradigm for Financial Markets: The Credit Crisis of 2008 and What It Means. New York: PublicAffairs. ISBN 978-1-58648-683-9. Sunder, S (1995).
Although laissez-faire has been commonly associated with capitalism, there is a similar laissez-faire economic theory and system associated with socialism called left-wing laissez-faire, [71] [72] or free-market anarchism, also known as free-market anti-capitalism and free-market socialism to distinguish it from laissez-faire capitalism.
Ruth Kinna writes that anarcho-capitalism is a term coined by Rothbard to describe "a commitment to unregulated private property and laissez-faire economics, prioritizing the liberty-rights of individuals, unfettered by government regulation, to accumulate, consume and determine the patterns of their lives as they see fit". According to Kinna ...
Finance capitalism is the subordination of processes of production to the accumulation of money profits in a financial system. In their critique of capitalism, Marxism and Leninism both emphasise the role of finance capital as the determining and ruling-class interest in capitalist society, particularly in the latter stages. [147] [148]
In an article titled "Why Gen Z is Turning to Socialism," Vice made an observation about why Democratic Socialist Bernie Sanders was so successful in unifying so many Gen Zers across so many...
Radhika Desai, director of the Geopolitical Economy Research Group at the University of Manitoba, argues that global capitalism reached its peak in 1914, just prior to the two great wars, anti-capitalist revolutions and Keynesian reforms, and the purpose of neoliberalism was to restore capitalism to the preeminence it once enjoyed. She argues ...
“This Gurner character personifies everything that is wrong with unfettered capitalism and the cult of the super-CEO: rampant greed and an arrogant contempt for working people,” Australian ...