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VIRGIL MADGEARU at the Crossroads of an Anticapitalistic Trinity: German Historicism, Populism and Marxism (2015-2016)

Field of study: Economics
Summary:

The aim of the present paper is a critical evaluation of Virgil Madgearu’s economic ideas from the perspective of classical liberalism. As the paper emphasizes, in the light of the classical liberal tradition, Madgearu’s ideas appear as having an obvious anticapitalistic blend, although without embracing the socialist perspective. Madgearu advocates a middle of the road policy or government intervention in the market economy, in the middle of an age with splendid scientific contributions in favor of the free market.

Keywords: capitalism, classical liberalism, Virgil Madgearu, interventionism, peasantism, Marxism

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