Response to Block and Barnett, 'A Positive Programme for Laissez-Faire Capitalism'.(socio economic conditions)

From: The Journal of Corporate Citizenship | Date: September 22, 2005| Author: | Copyright information

WHILE BLOCK AND BARNETT'S FAITHFUL rendition of liberal economic democracy presents a compelling case, and economic indicators and examples provide some evidence for their arguments, the connections they assert between laissez-faire capitalism and social well-being are less convincing. On a very practical level, their analysis is incomplete. Take for example the Economist report that found income inequality has increased the most in the United States, the United Kingdom and New Zealand, where free-market policies have been developed and implemented the most vigorously (The ...

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