The 2008 financial crisis: from genesis to apocalypse
Free-market economics, a product of financial deregulation since the 1980s, has experienced an almost limitless boom. Its ideological bases was that of “market efficiency,” or the “invisible hand,” which were assumed to regulate transactions perfectly. The crisis that exploded in the summer of 2007...
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| Tipo de recurso: | artículo |
| Estado: | Versión publicada |
| Fecha de publicación: | 2026 |
| País: | Ecuador |
| Idioma: | español |
| OAI Identifier: | oai:revistas.flacsoandes.edu.ec:article/6815 |
| Acceso en línea: | https://revistas.flacsoandes.edu.ec/mundosplurales/article/view/6815 |
| Access Level: | acceso abierto |
| Palabra clave: | crisis financiera 2008 finanzas de mercado desregulación financiera keynesianismo financial crisis of 2008 free market economics financial deregulation Keynesianism |
| Sumario: | Free-market economics, a product of financial deregulation since the 1980s, has experienced an almost limitless boom. Its ideological bases was that of “market efficiency,” or the “invisible hand,” which were assumed to regulate transactions perfectly. The crisis that exploded in the summer of 2007 led by the autumn of 2008 to a situation that qualified as apocalyptic. The underlying conditions and the necessary means to arrive at a durable solution do not consist in the improvement of the existing financial system, but rather in questioning the inherent empowerment of free market economics. |
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