Keith Hart's Blog – October 2012 Archive (1)

How the informal economy took over the world

The idea of an informal economy was born at the moment when the post-war era of developmental states was drawing to a close. The 1970s were a watershed between three decades of state management of the economy and the free market decades of one-world capitalism that ended with the financial crisis of 2008. It seems now that the economy has escaped from all attempts to make it publicly accountable. What are the forms of state that can regulate a world of money that is now essentially lawless?…

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Added by Keith Hart on October 17, 2012 at 6:30pm — 4 Comments

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