Studying State & Capitalist Development
Against The Current vol. 117
Krishnan, Raghu
http://www.solidarity-us.org//node/270
Date Written: 2005-07-01
Publisher: Against The Current
Year Published: 2005
Resource Type: Article
Cx Number: CX13164
Given the dominant neoliberal ideology of our times, it is assumed in most quarters that state intervention in the economies of the post-World War II era was an utter fiasco. This argument is taken as even more self-evident in the case of the countries of the capitalist periphery or “Third World.”