The Current Problems of the Capitalism are a Reflection of his Decadence

Abstract

The paper analyzes how capitalism has gone from a strong and sustained growth, with the intervention of government, capitalism with recurrent crises and low growth rates to many governments lose monopoly control of its currency, as the sovereign management policy economical. Prevailing policies have been acting on behalf of the financial sector and infringe on the productive sphere, and on job creation. Not having many internal engine growth economies have chosen to prioritize growth strategy out, putting them in a context of high vulnerability. Neither the public nor the private sector are able to be the engine of growth. The prevailing fiscal austerity policies and reduce the size of government involvement in the economy, which intensifies the low growth and high unemployment. At the end of the article there is a need for governments to regain control of its currency so they can implement a fiscal policy that is responsible to counter the problems that hinder growth, and is heading to achieve full employment