especially with the expected change in leadership this year. Although I did not expect to see a serious contraction in growth until after 2013, I said that China would be the last major economy to emerge from the crisis. Why?
Capitalism Why Capitalism Works When Choosing Wealth Wealth Creation, Not Wealth Extraction Wealth creation and wealth appropriation are often conflated, but they must not be confused.October 25, 2023 By Michael Muthukrishna Excerpted from A Theory of Everyone: Who We Are, How We Got Here, and ...
In the next section, I describe my methodology, an ethnographic bricolage that embraces the approach used by the late physician-anthropologist, Paul Farmer. I then present my findings that ultimately elucidate how thelongue duréeof capitalism provides the structural scaffolding for the continuation of ...
Of course, as history teaches us, in such situation regulators would probably blame ‘inherently unstable’ banks – or capitalism – for not holding enough liquidity and not having a stable-enough deposit base in the first place. Which would be another opportunity to further regulate banks and ...
coincide with the Non-Aligned Movement Conference in Belgrade. From these ruminations, some important questions emerge: What kind of institutional structures could we manifest if we did not all adhere to the construct of the museum according to a Western ...
did not speak. “It is time to go,” my father told me as he pretended to drink his morning cup of cafe cubano. My mom was unusually silent. Our old cat, Simon, napped on the burgundy sofa, not a care in the world. Cats know, but they pretend a total lack of interest. There ...
really give a damn about the world and us, humans. I think a new world of more conscious travellers will emerge and we’ll be much more grateful for the ability to travel. So, in a perverse way, we’ll hopefully emerge from this more humble, more sane and grounded – that’s my ...
This transition is related to the free market and capitalism, as we know that new classes, the bourgeois and proletariat, appeared. Returning to technology and industrial development, as they are the tools of the transition to abundance, we cannot overestimate the significance of the Bessemer ...
But in the extreme uncertainty of re-opening the world economy, one can expect some pretty strange anomalies to emerge. Having crashed into a brick wall and totaling the car, it might be more challenging to get back to the business of business for the global financial system than people migh...
At a few times in history, new technologies came along that changed the way we make art. Machines, chemicals, and/or algorithms replaced some of the steps that artists did, changing how we made art—and, sometimes, radically transforming what we thought