Brigita Schmögnerová, the former Deputy Prime Minister (1994) and Finance Minister (1998-2002) of the Slovak Republic. After leaving domestic politics she served as an Executive Secretary of the United Nations Economic Commission for Europe (2002 – 2005) and as a Vice President of the EBRD (2005 – 2010).
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Regulating Capitalism
Brigita Schmögnerová
Inspired by Karl Polanyi's assertion that a self-adjusting market cannot persist without undermining the human and natural fabric of society, this book explores the critical role of market regulation in sustaining capitalism. It defends the thesis that "regulation is saving capitalism," while acknowledging the cyclical nature of market regulation: periods of regulation are often followed by waves of deregulation, creating “a swinging pendulum” phenomenon.Combining approaches from political economy and history...
