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Is the Decline of Liberalism Due to Endogenous Causes?

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Abstract

Participants analyze possible endogenous causes of the decline of liberalism. The rise of cartels, monopolies, and corporate concentration is analyzed. Participants such as Ludwig von Mises, Alexander Rüstow, and Louis Marlio differ in their analyses of the causes and nature of these economic phenomena.

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Notes

  1. 1.

    Even in the absence of State intervention —Ed.

  2. 2.

    The term used is “société par actions”. —Ed.

  3. 3.

    The term used is “capital social”, not to be confused with social capital in the contemporary sociological or political sense.—Ed.

  4. 4.

    The French term “société anonyme” can be translated in different ways, but Detoeuf mentions shareholders, which implies he is referring to public limited companies. A public limited company (PLC) is common in the United Kingdom and is similar, in essence, to a publicly traded company in the United States .—Ed.

  5. 5.

    The term here is “société”, which can be translated as company or corporation. In this context, corporation is more apt.

  6. 6.

    La collectivité refers in a general sense to the wider community, society, the State, or the public , not the individual.

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Reinhoudt, J., Audier, S. (2018). Is the Decline of Liberalism Due to Endogenous Causes?. In: The Walter Lippmann Colloquium. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-65885-8_4

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