Capital crisis making Italy SpA stronger

July 10, 2014

Italian capitalism is undergoing Darwinian selection. Companies can no longer rely on the state, age-old shareholder pacts or even Mediobanca for capital. Firms are being forced to adapt to the rules of global finance to avoid extinction. The next generation looks fit to prosper.

Review: Zero margin call

April 4, 2014

Capitalism is dying, says Jeremy Rifkin in a new book. The wealthy can no longer expect to get rich at the expense of those wanting access to capital. As profit becomes a thing of the past, the age of collaboration is dawning. It is an intriguing but unconvincing thesis.