Monday March 02, 2009
Capitalism in Ruins
André Pratte
La Presse
The fall of the Berlin Wall consecrated the triumph of free market neoliberalism over its toughest ideological rival. The whole world was to become capitalist, in one way or another, from Dallas to Shanghai.
The capitalists were bad winners. They pushed their system to the extreme, that is to say, to excess. Outrageous risks, gargantuan appetites, crass incompetence and arrogance, brazen frauds have marked the last decade - until the temple's columns collapsed.
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