Neoliberalism and the global financial crisis of 2008

This paper tends to analyze the link between global financial crisis of 2008 and neoliberalism ideology. was, in all aspects, a multidimensional crisis. Initially it began with banks, credit stock exchange, end up economic recession disbelief free market models adopted that period. It started emerge during 2007 as crisis, which originated from bad loans US real estate market. Immediately, had impact Europe other parts world. The great development such raised questions about ways markets exchanges were built operate, even doubting neoliberal practices, if they indeed best model countries could adapt. argues this relation, whether was main cause taking into consideration arguments neoliberals specialists field. Through inductive method used argument, is concluded did not have single cause, responsible for its birth deepening, much less implication ideas series factors inevitably led deepening. Finally, based on conclusions drawn, some recommendations are given, should be implemented avoid crises phenome’s future. concludes an appeal companies higher corporate responsibility protecting social groups affected by these crises.