Suchergebnisse

The publication of a Croatian translation of Friedrich August von Hayek's "Individualism: Genuine and Fake" (1946) occasions this biographic note introducing the Austrian economist to Croatian readers. Hayek is characterized as a liberal politologist & political economist who opposed John Maynard Keynes's doctrine of state intervention in the national economy; Hayek's most representative publications & those in which he carried out his polemics with Keynesian ideas of the government influencing the market, although not eliminating it, are mentioned. Methodologically, Hayek is placed as a continuator of the empiricism & "methodological individualism" of Karl Menger's Austrian School of Economics & an elaborator of L. Mises's statistical-dynamic equilibrium approach. It is pointed out that Hayek opposed all forms of government intervention into the free market: the planned economy of the Soviet era, German national socialism, Italian & Spanish fascism, & the modern welfare state. A selected bibliography of Hayek's works is compiled. 52 References. Z. Dubiel

The actual recession/depression is a radicalized continuation of a cyclical forty years long transformational slowdown of growth through basically stagnant fluctuations. With this slowdown is connected a serial of controversial, crisis-generating & finally unsuccessful general politics- & policy-change unprecedented in the contemporary world. An analysis of the societal history through sequences of developmental counterpoints & through the logic of great societal, political-economic & political cycles demonstrates that causes of cyclical economic & societal movements in general, & of actual stagnation & crisis especially, are mostly noneconomical. They are mainly political. In short, their political foundation is in a radical actual & previous change in the equilibrium of a dynamic tendency of the modern political space. This equilibrium is here called "modern normal." The modern normal (MN) is for us a tendentional space/structure of equilibria in the middle of (1) the political, (2) the personal/individual, (3) the whole world space, & (4) the space of the state/society. The actual kind of that disequilibrium or denormalization of modern normal indicates a process which is usually called totalitarian. In our actual case, the focal point is moved toward financial corporations as pseudo-statal regulators of economy, politics & society. Here, this is the Matrix-capitalism as a feedback of an urban legend & an analytical pattern. Generally, in the long run it is also a process of denormalized or bad & unsuccessful public- & business-policy, especially as development-, growth- & transformation-policy. This Matrix-capitalism, which is dominated by global financial corporations, is developing itself in a cyclically denormalised tendentional space/structure between: (1) the unpolitically "economical," (2) the unindividually "personal," (3) the unwholly "global," & (4) the unstately, unsocially, & anti-economically "denational." The Matrix-capitalism is functional only in a virtual world of ideologized economics & casino-business operations with derivatives etc. Cyclically interfaced with economic, social, cultural, political, personal, & national/world's reality, Matrix-capitalism will every time be more unsustainable even for its mega-corporative core. Adapted from the source document.