000 01683nas a2200193Ia 4500
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022 _a0268-5809
100 _aJiang, George Hong
_9124247
245 0 _aDavid Lane, Global Neoliberal Capitalism and the Alternatives: From Social Democracy to State Capitalisms
260 _bInternational Sociology
260 _c2024
300 _a542-545
520 _aSocialism is now gazing at us from all the windows of modern capitalism', wrote Lenin in 1917. Apparently, we are not facing a Bolshevik revolution, but people cannot help but think about how to remedy the dysfunctional capitalist system, as the practice of neoliberalism has resulted in widely recognized economic and social crises, such as recurring financial crises and increasing inequality. Critics of neoliberalism are suggesting to graft some mechanisms of socialist planning onto the market economy, while the proponents, notably some economists of the Austrian School to which Friedrich Hayek und Ludwig von Mises belonged, embrace stubbornly the idea that business cycles are in nature caused by the misbehaving government. How should people find a way out? David Lane in Cambridge believes that it is promising for industrialized countries in the West to combine certain components, respectively, of socialism and capitalism together, in order to create a more hopeful alternative to neoliberal capitalism, that is, regulated market socialism.
650 _a Market Socialism
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650 _a Neoliberal Capitalism
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650 _a Varieties of Capitalism
_9124249
650 _aGlobalization
856 _uhttps://doi.org/10.1177/02685809241277944a
999 _c134720
_d134720