Macroeconomic imbalances: A threat to economic and social stability?

Abstract: This contribution aims to be a link in the ongoing chain of reflections on political action in general, and more specifically on the role of public policies in reducing disparities in employment integration. The issue raised by "aggregate stability and growth" is, by definition, repetitive; this characteristic underscores its seriousness and relevance for researchers. However, economic reality is extremely diverse and complex. Theoretical and practical questions are compounded by political and ethical considerations. Our objective is to explore whether it is possible to "neoliberalize the social order," and to promote social justice within a neoliberal economic framework. The goal is twofold : · To highlight the degree of credibility and the real consequences underlying a model based on the stability of macroeconomic aggregates. · Additionally, we seek to demonstrate the limits of standardization and financial mimicry, particularly through the advocated monetary policy. The aim is to assess to what extent it is possible to address macroeconomic imbalances while mitigating social inequalities, using Morocco as a case study. Ultimately, the question arises: to strengthen social cohesion, should we not seek alternative decision-making processes and new forms of consensus? In conclusion, we will attempt to expose the limitations inherent in the theoretical foundations and philosophical underpinnings of a conceptualization based on aggregate stability in initiating the operational levers of the new development model.