Difference between revisions of "Market Fundamentalism"

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Revision as of 11:59, 26 March 2014

Market Fundamentalism is a derogatory term referring to the absolute belief in the capability of free market economies to solve economic problems without outside interference. Market Fundamentalism has been a key feature of US economic policy since the 1970s, although it is increasingly coming under scrutiny for its perceived drawbacks and the staunch, sometimes unjustified ideological determination displayed by its supporters.