The Real Reasons Behind the Failure of Free Market Economy and the Rise of Authoritarian Regimes

Missing Intellect in Economics and Politics Volume One: The real reasons behind the failure of Free Market Economy ...and the real solutions

by Salih Reisoglu

5 out of 5

Language	:	English
File size	:	5507 KB
Text-to-Speech	:	Enabled
Screen Reader	:	Supported
Enhanced typesetting	:	Enabled
Word Wise	:	Enabled
Print length	:	401 pages
Lending	:	Enabled

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The free market economy has been the dominant economic system in the world for the past few decades. However, in recent years, there has been a growing backlash against free markets, and many countries have turned to authoritarian regimes instead. What are the real reasons behind this failure?

There are a number of factors that have contributed to the failure of free market economies. One of the most important is the increasing inequality that has been created by this system. In the United States, for example, the top 1% of earners now own more wealth than the bottom 90% combined. This inequality has led to widespread resentment and anger, and it has made it difficult for governments to address the needs of the majority of their citizens.

Another factor that has contributed to the failure of free market economies is the increasing poverty that has been created by this system. In the United States, the poverty rate has been rising steadily for the past few decades, and it now stands at over 15%. This poverty has led to widespread social unrest, and it has made it difficult for governments to maintain stability.

Finally, the free market economy has failed to address the environmental crisis that the world is facing. This crisis is caused by the burning of fossil fuels, which releases greenhouse gases into the atmosphere. These gases trap heat, which leads to climate change. Climate change is already having a devastating impact on the world, and it is only going to get worse if we do not take action to address it.

The failure of free market economies has led to a rise in authoritarian regimes. These regimes are often led by demagogues who use fear and propaganda to gain power. They promise to restore order and prosperity, but they often end up ng the opposite. Authoritarian regimes are typically characterized by corruption, repression, and human rights abuses.

The rise of authoritarian regimes is a serious threat to democracy and human rights. It is important to understand the real reasons behind the failure of free market economies so that we can develop policies that will address the root causes of this problem.

The free market economy has failed because it has created inequality, poverty, and environmental degradation. These problems have led to widespread resentment and anger, and they have made it difficult for governments to address the needs of their citizens. The rise of authoritarian regimes is a symptom of the failure of free market economies. It is important to understand the real reasons behind this failure so that we can develop policies that will address the root causes of this problem.

• Further Reading:
• The Free Market Failed Us
• Free market capitalism is failing us: it's time for a new economic model
• The free market has failed us. It's time for a new approach

Missing Intellect in Economics and Politics Volume One: The real reasons behind the failure of Free Market Economy ...and the real solutions

by Salih Reisoglu

5 out of 5

Language	:	English
File size	:	5507 KB
Text-to-Speech	:	Enabled
Screen Reader	:	Supported
Enhanced typesetting	:	Enabled
Word Wise	:	Enabled
Print length	:	401 pages
Lending	:	Enabled

FREE