Читать книгу Social capitalism as the only true socio-economic system - Михаил Озеровский - Страница 4

What is the difference between liberal and state capitalism? When capitalism is not regulated by the state, this can lead to an oversupply and lost demand. We observed unregulated capitalism in the USA in the 1920s. The oversupply caused the crisis we know as the Great Depression. The oversupply, of course, was the result of overcompetition and the eternal struggle for the market. It was then that the idea of the economist John Keynes arose that the state should actively help the economy – give people money, reduce taxes, finance large projects that provide employment. That was, in my opinion, the first idea of state capitalism in the United States. Under liberal capitalism, the working class is the most exploited, and power usually passes to the oligarchs. With such an economic system, we have low wages and pensions. Social benefits are also unworthy.