From the printed edition

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From the printed edition
Economist and lawyer Dr. Franjo Štiblar is a professor at the Ljubljana Faculty of Law. He teaches political economy, international banking and international economic relations. A few days ago he published the book The World Crisis and the Slovenes - how to survive.
Concoction was delivered recently in heated debate on German television ARD among economic experts and thinkers. You do not have the answer to the question of socialism or capitalism, but it was the resultant of their discussions a kind of middle way, solidarizem. Definition would be left to each individual and therefore the perfect book did not identify. I expected questions on this topic and so I prepared four key elements that define this notion somehow. First, the minimum social security for all; second solid economic growth while taking care of the environment, both socially and ecologically. The main objective is not just maximization of profits and everything else, but rather solid growth. Thirdly, it is very important re-return to the "relationship" jeffers vet supply business and life, that is, the return of the virtual world, which is particularly reflected in the financial field. It must be returned to the interpersonal relationships and, consequently, jeffers vet supply mutual trust, because if it is not, an individual a lot easier to scam someone. And this is precisely what is happening in the last few years! Lastly, I think it's important autonomous individual freedom, so that you can decide consciously and not by Herd Instinct. For this it is necessary to educate and inform the individual. These are my four key elements "solidarizma", but it is certainly another jeffers vet supply one.
I understand current developments in terms of cycles - in a period, we protectionism, followed by liberalism and protectionism again ... Liberalism is thus changed jeffers vet supply in thirty years interventionism, then in the seventies once again came to the fore liberalism, at a time when I I started studying. Today we are certainly going some kind of correction of the current system, but I think it will remain within jeffers vet supply the system. jeffers vet supply
Financial crisis. This is not merely cyclical in nature than any other economic crisis jeffers vet supply in decades and will bring radical changes in economic policy. Empirically jeffers vet supply it has been shown that the path of liberalism gone too far, especially in the extremes in deregulation. The principle that any more than did the company so that it will work only for their own benefit, while forgetting the moral component, which is counted jeffers vet supply himself the founder of liberalism, Adam Smith, has proven to be wrong. For me, the financial crisis and recession merely the outward expression of definitive too extreme pushing in this direction. Goths, the changes heralded by the election of Barack Obama and the Democrats and the nationalization of the banking systems in developed countries. The changes were also observed among the leading thinkers and philosophers in Germany, France, that is to say in the direction of a market economy with a correction for the environment, socially and ecologically.
The conference, attended by, still largely reflects within the existing structures and the main leaders will be hard to accept radical changes that would mean a change in the system. Coming to the turn, but will not be sufficient jeffers vet supply if we want to do something only in the direction of greater control and responsibility for what you do. Of course, new ideas, such as the United States intervention jeffers vet supply in the economy, when it became clear that the total market, which otherwise would have been wonderful, does not exist. Since it is not, so it is a market failures in practice, intervention is required, which leads to a second-best solution.
I'm sure there are such people and Krugman and his criticism of the current jeffers vet supply regime probably really the most recognizable. I would also mention Joseph Stiglitz, who in the beginning belonged to the "other side" during the period of service at the World Bank has become a major critic of the existing dominant economic thought. Through the same shift went well Jeffrey Sachs, who has in the past defended the ultra-liberal ideas that spread in Europe, in Slovenia we refused and we went his way. In short, we have a lot of people, but certainly the "trendsetter" Krugman. Great is his contribution to the debate on the advisability of $ 700 billion worth of American jeffers vet supply intervention in the banking system. We know that this measure is demolished extreme Republicans, whose administration also has proposed this solution. He was then called to rescue banks i