Social economy as a possible solution for the current world economic crisis

Abstract

In this paper, the authors aim at realizing a comparative analysis between the Great Economic Depression of the period 1929-1933 and the global economic crisis beginning in 2008. Another objective of this paper is to highlight the causality of economic crises and the way of responding to this economic scourge that affects most countries in the capitalist world. Special attention is given to the analysis of the conception of John Maynard Keynes, the great British economist who dedicated a specialt treaty to the analysis of the big economic depression. The last part of the paper is focused on solutions for the current economic crisis and especially on social economy as a possible response to these economic difficulties