Revolution for Economic Democracy.

The so called golden era of capitalism is over.The turmoil situation of today started since late 1970s.Unemplyment soared.Neoliberalism advocated for reduction in the role of government in economic affairs of the countries.It should concern itself largely,external affairs, maintaining internal lawand order,and providing infrastructural facilities like roads, and looking after education, health care and so on.The rest of the things should be left on market. Let them decied what to produce,how to produce,and for whom to produce?Market runs on the theory of demand and supply and its main object is profit.The quantum of profit will decied that what goods and services need to be produced.It was said that government and some other forces did not interfere, market would bring in a state of equlibrium and there would be no ups and downs, there would be no crisis.But the theory failed completly and the world is insearch of new idology.