World Economic Crisis: Elements for a Critique of the Theoretical and Ideological Paradigms that Support the Neoliberal Proposal

World Economic Crisis: Elements for a Critique of the Theoretical and Ideological Paradigms that Support the Neoliberal Proposal

Authors

  • Luis Paulino Vargas Solís

DOI:

https://doi.org/10.22458/rr.v2i1.176

Keywords:

Crisis, economy, financial speculation, recession, finances, development

Abstract

The world economic crisis started in 2007, when the real-state bubble bursted in United States. But it was just the beginning, like a trigger, in a very hard process, more and more complex as time goes on, during the last five years. The crisis behavior has shown its ability to mutate: it changes and takes new features, making each political response inadequate to the conditions of the crisis. So far, at the beginning of 2012, there has not been any satisfactory solution at hand, but the risks and challengers still remain at an extraordinary magnitude. Given its traits, this situation defies, if not the capitalism itself, like the dominating economic system all over the world, but at least the theoretical and ideological bases of the neoliberal version of it, during the last decades. This means, at the same time, a challenge to the neoliberal model that has been hegemonic in Costa Rica during the last twenty and eight years.

Published

2012-12-31

How to Cite

Vargas Solís, Luis Paulino. 2012. “World Economic Crisis: Elements for a Critique of the Theoretical and Ideological Paradigms That Support the Neoliberal Proposal”. Revista Rupturas 2 (1):142-69. https://doi.org/10.22458/rr.v2i1.176.

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