The Capitalism, Rent and Democracy

By inertia, which derives from Adam Smith, modern capitalism is described as a free-market competition. This historical model has worked while the market expands and the availability of resources increases. It provided the opportunity to maintain the political order of the welfare state as a form of...

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Bibliographic Details
Main Author: Victor S. Martyanov
Format: Article
Language:English
Published: Ltd. "Humanities Perspectives" 2017-03-01
Series:Журнал институциональных исследований
Subjects:
Online Access:http://hjournal.ru/files/JIS_9_1/JIS_9.1_4.pdf