Report
Contemporary capitalism is liberal where it should not be and not where it should be
Neo-liberal capitalism is thought to operate with : Flexible labour markets, where wage earners’ bargaining power has been reduced; Free international movement of capital; Competitive goods and services markets , without companies in dominant positions. An observation of the functioning of capitalism shows that today’s labour markets and international financial markets function in a “liberal†manner, but that goods and services markets do not , due to the emergence of monopolies and dominant positions. Unfortunately, this is precisely the opposite of what would be desirable , where labour markets would be more conducive to wage earners , there would be curbs on the international movement of capital and dominant positions and monopolies would be combatted .
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Natixis
Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.
Patrick Artus
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