To What Extent is the Free Market Compatible with the ‘Strong State’?

Samiul Parvez Ahmed, G. M. Wali Ullah. To What Extent is the Free Market Compatible With the ‘Strong State’? International Affairs and Global Strategy, Vol. 20, 2014

9 Pages Posted: 8 May 2014

See all articles by G. M. Wali Ullah

G. M. Wali Ullah

Independent University, Bangladesh (IUB)

Samiul Ahmed

Independent University, Bangladesh (IUB)

Date Written: May 1, 2014

Abstract

Contradictory views persist among neoliberals, social democrats and social liberals regarding relationships between free market and the nation State. In one hand, neoliberals suggest that the development of the free market puts constraints on the role of the state. Yet empirical evidence to support this view is lacking and range of commentators show not only resilience but even the expansion of state spending. Moreover, the article highlights that the State has welcomed globalization for the betterment of the society and subsequently it is restructuring itself to accommodate the changes to be effective on a desired way.

Keywords: Globalization, Strong State, Free Market, State Control and Liberalism

Suggested Citation

Ullah, G. M. Wali and Ahmed, Samiul, To What Extent is the Free Market Compatible with the ‘Strong State’? (May 1, 2014). Samiul Parvez Ahmed, G. M. Wali Ullah. To What Extent is the Free Market Compatible With the ‘Strong State’? International Affairs and Global Strategy, Vol. 20, 2014, Available at SSRN: https://ssrn.com/abstract=2432822

G. M. Wali Ullah (Contact Author)

Independent University, Bangladesh (IUB) ( email )

Plot - 16, Block - B, Aftabuddin Ahmed Road
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+8801793-514567 (Phone)

Samiul Ahmed

Independent University, Bangladesh (IUB) ( email )

Plot - 16, Block - B, Aftabuddin Ahmed Road
Bashundhara R/A
Dhaka, 1212
Bangladesh

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