Balancing the State and the Market
The financial and economic crisis that erupted in 2008 has dented faith in the market, while trust in government and regulation is increasing. But we must resist the temptation to believe that a meddling, paternalistic state is the way of the future.
https://prosyn.org/AKKdNvG
BERLIN – The financial and economic crisis that erupted in 2008 will, in retrospect, be regarded as a transformative moment, because it raised fundamental questions about the future shape of our economic systems. These questions are not so much about the end of capitalism – as some perceive or even desire – but rather about the different ways in which capitalism is understood in different countries.