What do you think about the financial crisis of 2007 and about the opposition between the deregulation and the intervention of the state?
Some people try to explain this crisis by saying that it is something inherent to human behavior (speculation, risk taking in a unstable economic situation ..) (for exampkle minsky). But we can argue that it is also due to a particular economic system (neoliberalism) that crushed in all its parts.
What is your position? Do you the liberal system is viable ? if yes what do you think should be done ?
Some people try to explain this crisis by saying that it is something inherent to human behavior (speculation, risk taking in a unstable economic situation ..) (for exampkle minsky). But we can argue that it is also due to a particular economic system (neoliberalism) that crushed in all its parts.
What is your position? Do you the liberal system is viable ? if yes what do you think should be done ?