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Keyword: luigizingales

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  • Capitalism After the Crisis [danger of trampling the economic exceptionalism - American prosperity]

    09/10/2009 10:30:13 AM PDT · by Tolik · 10 replies · 795+ views
    nationalaffairs.com ^ | fall 2009 | Luigi Zingales
    The economic crisis of the past year, centered as it has been in the financial sector that lies at the heart of American capitalism, is bound to leave some lasting marks. Financial regulation, the role of large banks, and the relationships between the government and key players in the market will never be the same.More important, however, are the ways in which public attitudes about our system might change. The nature of the crisis, and of the government's response, now threaten to undermine the public's sense of the fairness, justice, and legitimacy of democratic capitalism. By allowing the conditions that...