The Great Debate UK

Capitalism in the West and other myths…

June 19, 2012

The West’s claim to be a capitalist society has been eroded throughout the European sovereign debt crisis. If we were truly capitalist then the markets wouldn’t expect Germany to step in to solve the euro zone’s problems or to eradicate the excess debts of Europe’s periphery. The prospect of this safety cushion provided by Berlin has kept the euro propped up even though Spanish bond yields are hovering around 7%, even after it received the go-ahead to get a bailout for its banks.

Why natural capital will transform the 21st century global economy

By Guest Contributor
April 4, 2012

By Adam Matthews, Secretary-General of Global Legislators Organisation (GLOBE). The opinions expressed are his own.

The corporate hijacking of Occupy Wall Street campaign

October 18, 2011

By Kathleen Brooks. The opinions expressed are her own.

As New Yorkers hurried to work on Wall Street on Friday morning they were greeted by police bracing themselves to cope with a wave of protestors apparently threatening to storm the New York Stock Exchange. By lunchtime the storming had failed to occur, 14 protestors had been arrested and hungry workers were free to go out and get a sandwich.

from Global News Journal:

Iran’s Ahmadinejad tells UN capitalism’s dying

September 22, 2010

Iranian President Mahmoud Ahmadinejad and U.N. Secretary-General Ban Ki-moon

Iranian President Mahmoud Ahmadinejad and U.N. Secretary-General Ban Ki-moon

Iranian President Mahmoud Ahmadinejad told a U.N. General Assembly session on poverty this week that capitalism is on the verge of death and that it's time for a new economic system.

from MacroScope:

Step aside capitalism, how about leverageism

December 1, 2009

Our recent post on the End of Capitalism triggered much interest and comment.  There were plenty of diverse views, as one would expect. But one thread that came out was that what we are now seeing is not true capitalism (nor, of course, is it old-style communism). Ok, but what is it?

Slavoj Zizek on resurrecting the Left

November 30, 2009

Soon after the global financial crisis erupted in 2008, treatise “Das Kapital” saw a resurgence in popularity throughout eastern Germany.

from MacroScope:

The end of capitalism

November 23, 2009

Hard to imagine with financial markets still buoyant and newspapers full of tales of bonus greed, but there is still the possibility that captialism will end.  At least there is according to prestigious investment consultants Watson Wyatt in their latest study called "Extreme Risks".

Economist John Kay mulls Berlin Wall anniversary

November 9, 2009

When the Berlin Wall fell 20 years ago, the momentous event marked the triumph of the market economy over planned economic structures, says British economist John Kay.