Boom to Slump The financial press and the investment houses of global finance capital are in euphoria. The world's stock markets are booming. But a closer look reveals that all this euphoria is misleading and the real situation is far less healthy than would appear on the surface.
Dr Pangloss Rules? * The Financial Times recently claimed the British economy has been doing rather well out of globalisation. A closer look at the figures shows that what we have before us a growing polarisation, with the rich getting richer and the poor poorer. On a world scale the position is even worse, which may possibly explain the growing instability all across the globe.
USA: the Statistics That Shock Capitalism cannot provide a decent living to everyone, but as long as it guarantees significant layers of the population a reasonable standard of living it can maintain a degree of social stability. Recent figures on the situation in the USA show that “middle America” is beginning to feel the pinch, a phenomenon which indicates that social turmoil will soon be on the agenda.
