Development and Finance from issue 2009/2

Csaba Moldicz

Review of Robert B. Reich’ Supercapitalism: The Transformation of Bussines, Democracy, and Everyday Life

- Abstract -

One of the recurring issues of economic theory is the government’s role in the economy, or, in other words: what scope should be given to market forces in shaping the functioning of human societies; i.e. where are the boundaries demarcating the space where market rules may exert an unlimited or at least partial impact. There is extensive theoretical literature tackling this issue, numerous papers and books deal with this topic; it suffices just to think of works by Károly Polányi or Immanuel Wallerstein, or refer to the successive changes of regulated and unregulated economic systems in the past two centuries, a process familiar to Hungarian readers from the writings of Iván T. Berend.

Robert B. Reich: Supercapitalism: The Transformation of Business, Democracy, and Everyday Life. Budapest, Gondolat Kiadó, Demos books, 2009

Csaba Moldicz, associate professor (Budapest College of Management)

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