The Political Economics Studies

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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.
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...
What Is Marxism?
Capitalist is a class that is according to Marx exploiting the proletariat which is the workers and continues until today.
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.
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 Liberalism. Show all posts

Socialist Market Economy Vs Free Market Economy

Unknown 15 June 2014 0 comments

In theory, free market believed to be the most efficient economy possible. It regulated itself by demand and supply mechanism through “creative destruction”(Joseph Schumpeter ,1947). However, the reality is that the economies contain the seed of distortion and it is inefficient and may cause harm. Some believe that the matter that disrupting the...

Labels: Liberalism

Classical Liberalism by Jean-Jacques Rousseau

Unknown 9 June 2014 1 comments

Jean-Jacques Rousseau was born on June 28, 1712 in Geneva, Switzerland. His mother died shortly after his birth. When Rousseau was 10 his father fled from Geneva to avoid imprisonment for a minor offense, leaving young Jean-Jacques to be raised by an aunt and uncle. Rousseau left Geneva at 16,...

Labels: Liberalism

Classical Liberal by Thomas Hobbes

Unknown 9 June 2014 0 comments

Thomas Hobbes was born in London in 1588. He received his college education at Oxford University in England, where he studied classics. Hobbes was born to an impoverished clerical family in Malmesbury, Wiltshire. At school, he made a reputation as a linguist and fluent poet and translator. After...

Labels: Liberalism

What is Liberals Economics?

Unknown 8 June 2014 0 comments

Scottish Economist Adam Smith wrote The Wealth Of Nations.He found the classic laissez-faire (let it be) economics. He argued that the real wealth of a nation is not the bullion of gold and silver of the nation, but the amount of goods and services the people produced. Smith refutes the earlier...