From Amoral Financial Markets to the Sustainable Development Cover Image

From Amoral Financial Markets to the Sustainable Development
From Amoral Financial Markets to the Sustainable Development

Author(s): Titus Suciu, Adriana Veronica Litră
Subject(s): Economic development, Financial Markets, Business Ethics
Published by: Fundatia Română pentru Inteligenta Afacerii
Keywords: Liberalism; Sustainable Development; Cooperative Economy; Life Community;

Summary/Abstract: The current work gives an overview of the evolution of liberalism, the dominating current trend. The authors show that it does not hold the truth in economy because of both financial and democratic slippage. That is why they submit the model of the Sustainable Development where emphasis is put on the real economy which has turned into an economy for everyone and of all the stakeholders, based on the commitment to the community life. If liberalism promotes the interests of the transnational companies, the Sustainable Development focuses on citizens and on their involvement into the life of the city. That is how the triad is formed: transnational companies-state-community, where the citizen holds the central role, directly involved locally.

  • Issue Year: V/2017
  • Issue No: 13
  • Page Range: 57-63
  • Page Count: 7
  • Language: English