Over the past 90 years, two approaches to managing capitalism emerged in succession, each dominating politics around the globe while enabling unprecedented economic progress. The first, which some refer to as the “New Deal order” and others call social democracy, was born in the Great Depression as capitalist economies struggled with mass unemployment. It avoided the totalitarian traps of both fascism and communism by using government spending through democratic policymaking to strengthen the economy. [time-brightcove not-tgx=”true”] The second order, dubbed neoliberalism by scholars, arose in 1979 and 1980 in response to the struggles of social democracy to rein in high inflati
Hence then, the article about the 2024 election could determine the future of capitalism was published today ( ) and is available onTime ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( The 2024 Election Could Determine the Future of Capitalism )