Nowadays, neoliberalism is what shapes our lives. We live under this economic ideology which benefits the capitalist thoughts and also says that governments should not have a big influence in the economy, but must let it develop itself, build itself and recover itself.
This term has been put in doubt since we have seen since the last year, the impact of the current global crisis. Many people have started to wonder if governments should, again, intervine in the economies' problems and try to "give it a hand" in order for it to recover quicklier.
The main problem is when it comes to banks: banks don't accept the help from the governments, and thus, they don't recover as quickly as they would if they had that assistance.
Now, the thing is that if banks start allowing governments to help them, we should reconsider the current economic ideology we live under. We had already experienced past crisis due to this same ideas; so, besides leaving the crisis behind, we also have to think what the best idea for economics is.
I am not really good at economy, and I don't really know how it works; however, I believe there should be another option besides government intervention or not. Is there something we can call a "mid-term"? Or must we look for another possibility of reshaping our economy? This is a big problem for both governments and banks right now.
What I am sure of, is that we have to look to the past to see how the past ideologies have work and how efficient is one of them. Although this may take time, it will be better if after 5 or 10 years we come up with a new economic ideology that will benefit us all for a long long time without any big problems.
This term has been put in doubt since we have seen since the last year, the impact of the current global crisis. Many people have started to wonder if governments should, again, intervine in the economies' problems and try to "give it a hand" in order for it to recover quicklier.
The main problem is when it comes to banks: banks don't accept the help from the governments, and thus, they don't recover as quickly as they would if they had that assistance.
Now, the thing is that if banks start allowing governments to help them, we should reconsider the current economic ideology we live under. We had already experienced past crisis due to this same ideas; so, besides leaving the crisis behind, we also have to think what the best idea for economics is.
I am not really good at economy, and I don't really know how it works; however, I believe there should be another option besides government intervention or not. Is there something we can call a "mid-term"? Or must we look for another possibility of reshaping our economy? This is a big problem for both governments and banks right now.
What I am sure of, is that we have to look to the past to see how the past ideologies have work and how efficient is one of them. Although this may take time, it will be better if after 5 or 10 years we come up with a new economic ideology that will benefit us all for a long long time without any big problems.
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