Global Economic Crisis and the Future of Capitalism

DOI Web Site

Bibliographic Information

Other Title
  • 世界経済危機と資本主義の将来
  • 世界経済危機と資本主義の将来[含 コメント]
  • セカイ ケイザイ キキ ト シホン シュギ ノ ショウライ ガン コメント

Search this article

Abstract

  As McDonald (2009) writes in Author’s Note, it’s been said that there are two distinct groups of people in America ; “Wall Street” and “Main Street.” Before the onset of the global economic crisis in the summer of 2007, “Wall Street” was a main actor of the global capitalism. But it has changed. We have to think how we can prevent the disasters in the future and ultimately do a better job of serving Main Street.<br>  Akerlof and Shiller mentioned in Animal Sprits; capitalism can give us the best of all possible worlds, but it does so only on a playing field where the government sets the rules and act as a referee. We must merely recognize that capitalism must live within certain rules.

Journal

  • KOKUSAI KEIZAI

    KOKUSAI KEIZAI 2010 (61), 37-57, 2010

    The Japan Society of International Economics

Details 詳細情報について

Report a problem

Back to top