Soros And Market Fundamentalism

Part I of Essay
Many economists agree that there is a significant imbalance between the growth of global economy and the development of a free society. One of these economists who agrees with this point is George Soros. Soros bases his dilemma mainly on the Thai crisis that hastened th ....

Part II of Essay
.... precisely what this means, but he suggests that society needs to be able to experiment with cultural value systems. Standards of right and wrong may change with technology and with social process; however, the involvement of the state in resolving conflicts, and in a democratic society, he sees as inevitable. According to Soros’ opinion too, to be able to stabilize and regulate a truly global economy, the world will need a global system of political decision-making. In short, a global society is needed to support the global economy. A ....