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GREATEST FINANCIAL CRASH (1) answer(s).
 
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ID:   133230


Making capitalism fit for society response / Gamble, Andrew   Journal Article
Gamble, Andrew Journal Article
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Publication 2014.
Summary/Abstract In 2008 the neoliberal order was rocked to its foundations by the greatest financial crash since 1929. Five years on, however, we are still living in a neoliberal world. The basic structures of the neoliberal order are still in lace. Bankers still expect their bonuses, and chief executives still expect to be paid several hundred times the remuneration of their lowest paid employee. Deflation has replaced inflation as the new threat to prosperity, living standards are frozen or falling, and the economy can only be kept going by more 'privatised Keynesianism', boosting demand by increasing personal debt and borrowing
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