Why did global economic recession starting in 2007/8 call into question the belief in the primacy of markets?

Question

Quizplus · Accepted Answer

The Answer is

\bullet

Background to the credit crunch and global recession

\bullet

Critique of financial system

\bullet

Compare and contrast different approaches to austerity programmes

\bullet

Discussion of the need for global co-operation in terms of governance, regulation, and to counter climate change and inequality

Why Did Global Economic Recession Starting in 2007/8 Call into Question