The Consequences and Limits of the Libertarian Ideology

An Empirical Analysis

DOI

10.2991/978-2-494069-25-1_19How to use a DOI?

Keywords

Analysis; libertarianism; globalisation; Sweden

Abstract

The globalisation convergence thesis proclaims that increasing international trade will force welfare states to participate in a “race to the bottom” to maintain their international competitiveness. This is true, particularly in Liberal Market Economies (LMEs) ran by the means-ended libertarian ideology. These ideas set the foundation for capital accumulation, and they are, therefore, the cause of social unrest that libertarianism seeks to avoid in the first place. However, Coordinated Market Economies (CMEs) like Sweden have been able to maintain their competitiveness and social entitlements even if globalisation exerts a bigger pressure on them, following a similar trend of capital accumulation by the top decile of its population being nevertheless still far from the LME levels.

Copyright

© 2023 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Carlos Eduardo Santos Saint Romain
AU  - Santiago Andrés Ullauri Betancourt
PY  - 2022
DA  - 2022/12/10
TI  - The Consequences and Limits of the Libertarian Ideology
BT  - Proceedings of the 2022 International Conference on International Studies in Social Sciences and Humanities (CISOC 2022)
PB  - Atlantis Press
SP  - 181
EP  - 195
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-494069-25-1_19
DO  - 10.2991/978-2-494069-25-1_19
ID  - SantosSaintRomain2022
ER  -