Published by Swany on 04 Oct 2011
Modern capitalism has reached the end of its rope
‘Russian Times: “[W]hat we are seeing is the structural crisis of the system. The structural crisis goes on for a long time. It really started more or less in the 1970s and will go on for another 20, 30, 40 years. … [Capitalism] has worked in some ways marvelously well for 500 years. It has been an extremely successful system in what it was trying to do but it has undone itself as all systems do.”