Is Capitalism Doomed?

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Now a combination of high oil and commodity prices, turmoil in the Middle East, Japan’s earthquake and tsunami, eurozone debt crises, and America’s fiscal problems and now its rating downgrade have led to a massive increase in risk aversion. Economically, the United States, the eurozone, the United Kingdom, and Japan are all idling. Even fast-growing emerging markets China, emerging Asia, and Latin America, and export-oriented economies that rely on these markets Germany and resource-rich Australia, are experiencing sharp slowdowns.

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About Giorgio Bertini

Director at Learning Change Project - Research on society, culture, art, neuroscience, cognition, critical thinking, intelligence, creativity, autopoiesis, self-organization, rhizomes, complexity, systems, networks, leadership, sustainability, thinkers, futures ++
This entry was posted in Capitalism, Crisis, Debt, Jobs and tagged , , , . Bookmark the permalink.

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