tisdag 15 juli 2008

Crisis of Capitalism or what?

The economic crisis that the US and Britain are now going through grows worse by the day. It is not a crisis of Capitalism but it is a crisis of the present system of economic organisation. It will take several years to recover - probably around 2015 - and many people are going to get hurt. But unless there is effective reform, the same problems will come round again in a score of years.

Inga kommentarer:

The Journey East #2

The state of the Catholic Church A few years ago I visited Riga, the capital of Latvia. At 9.30 in the evening, a crowd of young people cam...