Nowadays, in Malaysia, people ask for government intervention to the poor and poverty and fight for the affirmative action for certain races and the son of the soils especially through UMNO to maintain the right...
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What Is Political Economy?
Aristotle believes that government, Society and Economy are one entity of the nation. Politic and economy cannot be separated.
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Social Democracy
The reform does not have to be coercive revolution and allow the democracy assimilate with Marxism and lead the form of Social Democratic parties...
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What Is Marxism?
Capitalist is a class that is according to Marx exploiting the proletariat which is the workers and continues until today.
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Should We Support GST?
Some said GST should be implemented to cater the welfare needs and to support the aspiration to become a first world country.
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What Is Keynesian Economics?
t emphasizes on the role of government in helping people make a rational choice. The Keynes believes that people is not always rational in certain condition.
Showing posts with label Keynesian. Show all posts
Showing posts with label Keynesian. Show all posts
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Keynesian,
Political Economy Issues
Malaysia as Practitioner Neoliberals Keynesian
9 June 2014
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Labels:
Keynesian
Neo Liberal’s Theories in Keynesian
9 June 2014
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comments
The idea of neo liberalism was actually coming from the critique from
Adam Smith Classical Liberalism. In his writing that the people should be given
a choice on their own of what work should they do and how. Adam Smith is
stressing on the self regulating market where let the demand and supply...
Labels:
Keynesian
What Is Keynesian Economics?
8 June 2014
0
comments
It
emphasizes on the role of government in helping people make a rational choice.
The Keynes believes that people is not always rational in certain condition.
For example, in the time of economic depression, people will tend to save more
money and will lead to worsening of the economic condition. People...
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