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Neoliberalism 2.0: Regulating and Financing Globalizing Markets - A Pigovian Approach for 21st Century Markets (Hardcover, 1st ed. 2016)
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Neoliberalism 2.0: Regulating and Financing Globalizing Markets - A Pigovian Approach for 21st Century Markets (Hardcover, 1st ed. 2016)
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In today's increasingly globalized environment, many economic
fundamentals need to be reconsidered in order to regain stability
in the global marketplace. One such consideration is the failing
dynamics of the international tax infrastructure. Neoliberalism 2.0
brings a 21st century assessment of the Pigovian taxes, considering
a completely new calibration of the international tax systems,
inspired by the historically developed Pigovian tax model. The book
considers the impact neoliberalism had and will have on regulatory
infrastructure, democracy in an era of globalization and reduced
legitimation of the national state. The Pigovian model brings home
the often forgotten relationship between taxation (as a part of the
regulatory sphere), macro-economics, and the
political-philosophical context in which law and economics emerge.
The model also takes into account the phenomena of globalization
and financialization and is tested using the financial sector as an
example. This book addresses the many challenges a Pigovian shift
would imply for the sovereign and its national economies.
Neoliberalism 2.0 demonstrates the ability to design a
paradigm-changing alternative to the current tax infrastructure,
while taking into account a low economic growth environment of the
future, the implications of globalization and the changing
relationship between citizens and their state.
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