У нас вы можете посмотреть бесплатно How Markets Create Wealth Concentration and Inequality или скачать в максимальном доступном качестве, видео которое было загружено на ютуб. Для загрузки выберите вариант из формы ниже:
Если кнопки скачивания не
загрузились
НАЖМИТЕ ЗДЕСЬ или обновите страницу
Если возникают проблемы со скачиванием видео, пожалуйста напишите в поддержку по адресу внизу
страницы.
Спасибо за использование сервиса ClipSaver.ru
Classical economic liberals rely on deregulation, privatization, and fewer state interventions, arguing that only through competition and an undisturbed price mechanism can the greatest economic efficiency be guaranteed. However, what is often overlooked is for whom this is actually guaranteed. After all, not everyone benefits equally from the pie. Since the price mechanism primarily considers effective demand—that is, demand backed by purchasing power—the interests of the poorer population are completely disregarded. That the market does not have an answer for everything is evident not least from its numerous market failures and the massive inequality it produces, following the motto: capital attracts capital. How exactly markets concentrate wealth and create inequality is what I will explain in today’s episode of Literaturcafé. Mentioned Literature: Hayek, F.A. (1945) The Use of Knowledge in Society. American Economic Review, 35(4), pp. 519-530. Hayek, F.A. (1973) Law, Legislation and Liberty: A New Statement of the Liberal Principles of Justice and Political Economy. Vol. 1, Rules and Order. Chicago: University of Chicago Press. Polanyi, K. (1944) The Great Transformation: The Political and Economic Origins of Our Time. Boston: Beacon Press. Piketty, T. (2014) Capital in the Twenty-First Century. Translated by A. Goldhammer. Cambridge, MA: Harvard University Press. Stiglitz, J.E. (2015) Perspectives on the Nordic Model and the Economics of Innovation. National Bureau of Economic Research, Working Paper No. 21185. Time Stamps: 00:00 Introduction 01:11 Social Exclusion 03:37 Market Failure 06:41 How Markets Reproduce Inequality 08:48 State Intervention 10:14 The Nordic Model 12:09 Towards a Market that Serves Society