The protracted financial and economic crisis discredited first the American model of capitalism, then the European version, and now could undermine the Asian approach, too. Coming after the failure of state socialism, does this mean that there is no correct way of organizing an economy?
https://prosyn.org/nnbMvc6
PRINCETON – The protracted financial and economic crisis discredited first the American model of capitalism, and then the European version. Now it looks as if the Asian approach may take some knocks, too. Coming after the failure of state socialism, does this mean that there is no correct way of organizing an economy?