The trick with the rabbit and the tricking rabbit
Advertising transcends its function as a managerial tool designed to influence consumption and also echoes, reproduces and taps into wider societal themes, values and trends. The debate and study of…
Capitalism 4.0
Interesting times call for interesting books. In Capitalism 4.0: The Birth of a New Economy in the Aftermath of Crisis (2010) (and elsewhere) Anatole Kaletsky, Editor-at-Large of The Times, comes up with a thoughtful analysis of the past, present and future of global capitalism. Putting the events of the 2007-2009 economic crisis, epitomized by the fall of Lehmann Brothers, into a historical perspective, he writes:
The fall of the PI(I)GS
A new era comes with new acronyms for new phenomena. We have already commented on the rise of the BRICs, which is an apt shorthand for Brasil, Russia, India and…
The rise of the BRICs
At the beginning of the decade, just after the events of 9/11, Goldman Sachs’ chief economist Jim O’Neill coined the remarkably apt acronym BRIC to describe a group of nations that…
Financial Reform Bill
Last week the US Senate passed the Financial Reform Bill. After decades of Neoliberal deregulation, the legislation intends to re-regulate the free-floating financial system which was at the root of…
