Month: December 2022

Economic History Case Studies: The Impasse Between Liberal Capitalism and Illiberal Capitalism (1989-2022)

The Developmentalist model, as I had correctly suspected, is meant to be understood as a “development” toward Liberal Capitalism or Illiberal Capitalism. The difference between Liberal Capitalism and Illiberal Capitalism, the latter of which is to speak of an “Authoritarian… Read More ›