Economy

Capitalism 4.0

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 rise of the BRICs

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 would become,

Financial Reform Bill

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 the 2008