Open AccessWymiar społeczny korporacji finansowych w systemie kapitalistycznym
Author(s) -
Katarzyna Marta Pniewska
Publication year - 2013
Publication title -
kwartalnik kolegium ekonomiczno-społecznego studia i prace
Language(s) - English
Resource type - Journals
ISSN - 2082-0976
DOI - 10.33119/kkessip.2013.1.7
Subject(s) - capitalism , speculation , disequilibrium , corporation , capital (architecture) , market economy , economics , capital market , financial market , financial capital , neoclassical economics , business , economic system , finance , political science , human capital , law , ophthalmology , medicine , history , archaeology , politics
In capitalism the capital plays superior role. Financial markets and financial corporations have a special and fundamental place in it due to their importance for market economy and economic growth. For a long time the pathologies of capitalism like degradation of environment, increasing gulf between rich and poor, social exclusion and global disequilibrium that capitalism is responsible for were ignored. The explanation was that the market will solve all the problems. Unfortunately, the market isn’t perfect. A good example of market imperfections is the use of excess capital for speculation. Therefore it is necessary to redefine the role of financial corporation so it includes social matters.