Regulatory capitalism
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The term regulatory capitalism suggests that the operation maintenance and development of the global political economy increasingly depends on administrative rules outside the legislatures and the courts.
The general trend despite and beyond the process of liberalization is that of growth rather than decline of regulation. Deregulation may represent trends in some industries (notably finance), but more regulation is the general trend beyond that characterize modern and post-modern capitalism alike.
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See also
- Economic interventionism
- Mixed economy
- Regulated market
- Regulatory capture
- Regulatory economics
- Regulatory state
- Social democracy
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