English Financial News Op-ed The Global Minotaur: A theory of the Global Crisis

Stagnant Capitalism – Financial News & Project Syndicate

When the Great Depression followed the 1929 stock-market crash, almost everyone acknowledged that capitalism was unstable, unreliable, and prone to stagnation. In the decades that followed, however, that perception changed. Capitalism’s post-war revival, and especially the post-Cold War rush to financialised globalisation, resurrected faith in markets’ self-regulating abilities. Today, a long decade after the 2008 […]