One thing is certain: for all the virtues of capitalism -and there are still some real ones- the market no longer has all the answers to all the problems. We move more quickly from one crisis to another, and the system's sins are here to stay. Searching for alternatives within or beyond is an imperative.
Queen Elizabeth II,
Belgian Beers have in common? They are all cited, among many other (in)famous names, in "The Seven Deadly Sins of Capitalism".
The complete A-Z index of the new 2013 edition is
Capitalism Sins Growth Financial crisis Short-termism Progressive Shareholder value Free market CSR Keynes Banking sector Globalization Friedman Icelandic Policy alternatives Adam Smith ROE TINA Liberalism Eurozone crisis Regulation Greed U.S. subprime Enron GDP
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Capital as such is not evil; it is its wrong use that is evil.
-- Mohandas Gandhi
"The eurozone crisis is a hybrid result of the sins of financial capitalism and the fallacies of European bureaucracy. It's time for the economies to break away from short-termism, and for Europhiles to admit the dream is over."
-- Mike Guillaume
American Credit (Shot in Hollywood)
It's Money That Matters
An open discussion group based on "
The Seven Deadly Sins of Capitalism" has been created on www.linkedin.com
Join the group and/or follow the discussions launched or followed by Mike on various topics.
"Take the money and run" (book p 89), not far from Davos World Economic Forum (why's that?).
Would Mozart himself be recorded today? (book p 148)