Concept information
Preferred term
market fundamentalism
Definition
- Market fundamentalism is primarily a pejorative description of laissez-faire ideology and standard neoclassical economics, which both assert that markets work best when left alone, especially from state interference. A central premise of market fundamentalism is that markets are self-regulating. [Source: Sociology of Work: An Encyclopedia; Market Fundamentalism]
Broader concept
Belongs to group
URI
http://data.loterre.fr/ark:/67375/N9J-KR1G8WJK-2
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