Capitalism and the global economic crisis
Marinkovic, Vladimir ; Stanisavljevic, Natasa
SEER. Journal for Labour and Social Affairs in Eastern Europe
2012
15
4
529-537
capitalism ; economic recession
transition economies ; Western Europe
Business economics
http://www.nomos-zeitschriften.de/
English
Bibliogr.
"The global crisis with which the contemporary capitalist today is faced highlights many dilemmas and open questions. One of the most important is the definition and analysis of the forces on which capitalism has survived and developed. Without answering these questions, it is not possible to establish real, long-term, strategic solutions, while such answers are likely to be effective only if all social actors approach consensus. Today, ‘capitalism' is an umbrella term for the economic, political and social order in most developed European countries, as well as in so-called ‘transition countries', including Serbia, where the process of establishing capitalism is not yet finished. In essence, with the exception of a small number of societies, which are relics of the past, there are no states which have yet to take the first steps toward capitalism. A comparative analysis of these countries would confirm many common characteristics but, at the same time, many differences, favouring the conclusion that, within ‘capitalism', we have essentially different systems. "
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