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An Economic Viewpoint On Capitalism Bashing

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  • BURNETE Sorin

    (Lucian Blaga University of Sibiu, Romania)

Abstract

In this paper I discuss two long disputed notions: that capitalism without crises is a fallacy respectively that capitalism bashing, however severe, will not endanger the system itself. Yet proving both is not an easy task since the capitalism issue has always been a cupellation of theory, ideology and political precepts, which are controversial and hard to disentangle. That capitalism detractors are numberless is a truism. Yet criticism against capitalism, however fierce, has always been clearly delineated. Not any more: globalization has rendered the picture dangerously fuzzy. It is now hard to ascertain whether someone who will harangue about the ostensible evils of globalization is also a declared anti-capitalist. The blend of capitalism and globalization seems to be pure dynamite.

Suggested Citation

  • BURNETE Sorin, 2016. "An Economic Viewpoint On Capitalism Bashing," Studies in Business and Economics, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 11(3), pages 5-20, December.
    • Handle: RePEc:blg:journl:v:11:y:2016:i:3:p:5-20
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    File URL: http://eccsf.ulbsibiu.ro/RePEc/blg/journl/11301burnete.pdf
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