An Agenda for a Democratic Economy - Groupe de Recherche Angevin en Économie et Management
Article Dans Une Revue Journal of Economic Issues Année : 2024

An Agenda for a Democratic Economy

Résumé

The 2008 financial crisis and environmental issues are driving a profound change in economic governance. Over the last few decades, economic management has been marked by the neoliberal doctrine, which tends to use market forces as a tool for valuation, and to put the state at the service of the smooth running of the market. However, since the subprime crisis, interest rates have been placed under the strict surveillance of central banks through quantitative easing policies. Other events, such as the European energy crisis of 2022, show that market prices sometimes have to be circumvented. This article aims to define the principles of neoliberal governance and explain why it is in crisis today. It then sets out to develop four principles for a democratic economy, aimed at rearranging the relationship between the state and the market.
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halshs-04620437 , version 1 (21-06-2024)

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David Cayla. An Agenda for a Democratic Economy. Journal of Economic Issues, 2024, 58 (2), pp.556-563. ⟨10.1080/00213624.2024.2344437⟩. ⟨halshs-04620437⟩

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