Journal article | Zeitschriftenartikel

Why Governments Should Actively Promote Technological Innovation

Since the 1980s, neoliberal ideas have determined economic policies around the world. The, perhaps, main principle of neo-liberalism is that interference of government in the economy should be minimal. According to Johanna Bockman: “neo-liberalism is grounded on the assumption that governments cannot create economic growth or provide social welfare; rather by trying to help, governments make the world worse for everyone, including the poor”. Those able to generate growth and welfare are, instead, markets, private companies, and individuals. Many politicians and economists thus believe that the role of government should be limited to a market correction.

ISSN
2381-3652
Language
Englisch
Notes
Status: Veröffentlichungsversion; begutachtet (peer reviewed)

Bibliographic citation
IndraStra Global, 2(11)

Subject
Wirtschaft
Wirtschaftspolitik

Event
Geistige Schöpfung
(who)
Horovetska, Julia
Event
Veröffentlichung
(where)
Vereinigte Staaten von Amerika
(when)
2016

URN
urn:nbn:de:0168-ssoar-48974-0
Rights
GESIS - Leibniz-Institut für Sozialwissenschaften. Bibliothek Köln
Last update
21.06.2024, 4:27 PM CEST

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Object type

  • Zeitschriftenartikel

Associated

  • Horovetska, Julia

Time of origin

  • 2016

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