Home  Journals  National Interests: Priorities and Security  39(228) - 2013 October

The road to "nowhere": from market dogma to slogan of "economic downturn"

Available online: 30 October 2013

Subject Heading: ECONOMIC DEVELOPMENT STRATEGY

JEL Classification: 

The economic thinking of peripherally-colonial type, which is based on the "magic hand" of the market organization and the three main postulates of the theory of market fundamentalism are analyzes. It prevents to formulate the main reasons for crisis of global economy. Then real manifestation of a negative condition of modern social and economic system is based on the theoretical concepts dominating in scientific community being reflection of de-rationalization of consciousness and behavior.

Keywords: globalization, postmodernism, national economic interests, economic growth, economic downturn, economic exploitation

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ISSN 2311-875X (Online)
ISSN 2073-2872 (Print)

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