There will be a world
after global capitalism.
Not exact matches
Global Capitalism is trapped in its own Prisoner's Dilemma; forty four years after the end of the Bretton Woods System global central banks have manipulated the cost of risk in a competition of devaluation leading to a dangerous build up in debt and leverage, lower risk premiums, income disparity, and greater probability of tail events on both sides of the return distrib
Global Capitalism is trapped in its own Prisoner's Dilemma; forty four years
after the end of the Bretton Woods System
global central banks have manipulated the cost of risk in a competition of devaluation leading to a dangerous build up in debt and leverage, lower risk premiums, income disparity, and greater probability of tail events on both sides of the return distrib
global central banks have manipulated the cost of risk in a competition of devaluation leading to a dangerous build up in debt and leverage, lower risk premiums, income disparity, and greater probability of tail events on both sides of the return distribution.
The
global turn toward
capitalism began not long
after, in 1989, and within twenty - five years some two billion people had begun moving from communism and socialism toward
capitalism, and thence out of poverty and into steadily advancing standards of living.
Communism, philosophically, is what comes
after Capitalism if one is going along with Marxs thesis on the law of motion for economies; he gave no time - table, nor no indication of what this future form of the economy would be like - it could be sometime in the middle of this century, or it could be a millenia away; in his thesis, it is almost tautologically true; until then Marx expected
Capitalism to succeed as a
global force - this was an earlier observation of Hegel that foresaw that «trade» would become «world - historical» in its European form.
«But we need the political establishment in this country to stop slagging off a sector that is utterly crucial to the British economy and the current system of
global capitalism — and
after four years of navel - gazing since the crash, we have yet to come up with an alternative.»
100 years from now there will be a name for the 21st Century,
after the Terrible Twentieth — my nomination is the Uncertain Century — our grandchildren will wonder why it took so long to connect
global warming with
global warring, and will see Naomi Klein's new book Disaster
Capitalism as the herald & hallmark for the warring and the warming and the harming ahead
Rather than bring the
global economy in for a soft landing
after the collapse of industrial
capitalism by using the rising information sector to spread wealth, the ruling classes chose to do what they always do: they exploited the situation for short - term gain, grabbing whatever they could for themselves.
Yet Monbiot, 8 years
after his attempt to mobilise the masses against
global capitalism... gives up, and calls for people to abandon politics, or the world will end.