What mechanisms could spell the demise of “liberal capitalism�
Since the 1980s, the world has been dominated by “liberal capitalismâ€: free trade, free movement of capital, fight against monopolies and dominant positions, labour market deregulation. What mechanisms could lead to the demise of liberal capitalism? Another severe financial crisis that brought to power anti-capitalist governments in many countries. Resurgent inflation poses the greatest potential risk of a financial crisis; A social crisis due to the skewing of income distribution and rising income and wealth inequalities; An economic crisis caused by the spread of protectionism; The spread of an economic model in which there is collusion between governments and large companies with dominant positions.