Abstract
Our very dynamic and abused market system has performed very well under certain conditions. When financiers and big banks are focusing on creating investment products for profit rather than on allocating capital to borrowers, the market system does not work. When 93 percent of GDP goes to 1 percent of the population, the market system does not work. When in hard economic times government spending is blocked by the opposition party, the market system does not work.
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© 2014 A. Coskun Samli
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Samli, A.C. (2014). A Totally Unknown Concept: Marketing Multiplier. In: Dynamic Markets and Conventional Ignorance. Palgrave Macmillan, New York. https://doi.org/10.1057/9781137370211_6
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DOI: https://doi.org/10.1057/9781137370211_6
Publisher Name: Palgrave Macmillan, New York
Print ISBN: 978-1-349-47617-6
Online ISBN: 978-1-137-37021-1
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)