European University Institute Library

Dynamic markets and conventional ignorance, the great American dilemma, A.Coskun Samli

eng

Includes bibliographical references (pages 181-185) and index

index present

non fiction

Dynamic markets and conventional ignorance

bibliography

857370264

A.Coskun Samli

the great American dilemma

"A market economy is the only mechanism that can create jobs, distribute wealth, spur economic growth, and stabilize the economy for all. However, the current American market economy is not working - it is helping the "1%" instead of distributing wealth and yet simultaneously convincing the "99%" that this market is the only way to create jobs. The current unchecked system allows those wealthy few to "steal the American dream, " as Hedrick Smith claimed. In order for the United States to grow the economy, the current system must first be modified to level the playing field, and then must be used to develop the market system's originally intended purpose: improving the quality of life for all. In this follow up to From a Market Economy to a Finance Economy, Samli reflects on his more than half a century of economic experience and research, maintaining that financiers, the government, and many decision makers in both politics and the economy, do not really support the "free market." He puts forth key ideas for using the market mechanism correctly to benefit all Americans".--, Provided by publisher

What is a market economy? -- Financial conservatism does not work -- Industrial giants are a major block -- The needed change in the orientation -- A totally unknown concept marketing multiplier -- Activating the marketing multiplier government : a leader and a partner -- Managing the outsourcing -- Innovation is the answer -- Dependence on renewable energy for sustainability -- What about infrastructure? : lessons from international experiences -- Infrastructure must be taken seriously -- What is at risk? -- Returning to the market economy -- The future of American market system -- Needed a constructive vision