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- Title
FROM AMORAL FINANCIAL MARKETS TO THE SUSTAINABLE DEVELOPMENT.
- Authors
SUCIU, Titus; LITRĂ, Adriana Veronica
- Abstract
The current work gives an overview of the evolution of liberalism, the dominating current trend. The authors show that it does not hold the truth in economy because of both financial and democratic slippage. That is why they submit the model of the Sustainable Development where emphasis is put on the real economy which has turned into an economy for everyone and of all the stakeholders, based on the commitment to the community life. If liberalism promotes the interests of the transnational companies, the Sustainable Development focuses on citizens and on their involvement into the life of the city. That is how the triad is formed: transnational companies-state-community, where the citizen holds the central role, directly involved locally.
- Subjects
FINANCIAL markets; CONTESTABLE markets theory; LIBERALISM
- Publication
SEA: Practical Application of Science, 2017, Vol 5, Issue 1, p57
- ISSN
2360-2554
- Publication type
Article