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The the German economist calling time on global capitalism (180 read)
| ocher beady-eyed cruise ship indirect expression | 01/16/17 |
| Cracking indian lodge multi-billionaire | 01/16/17 |
| ocher beady-eyed cruise ship indirect expression | 01/16/17 |
| Vermilion frum gaping business firm | 01/16/17 |
| clear stage volcanic crater | 01/16/17 |
| Underhanded space | 01/16/17 |
Poast new message in this thread
Date: January 16th, 2017 3:16 PM Author: ocher beady-eyed cruise ship indirect expression https://www.theguardian.com/books/2016/dec/09/wolfgang-streeck-the-german-economist-calling-time-on-capitalism
“Before capitalism will go to hell, it will for the foreseeable future hang in limbo, dead or about to die from an overdose of itself but still very much around, as nobody will have the power to move its decaying body out of the way.” |
Date: January 16th, 2017 3:17 PM Author: Cracking indian lodge multi-billionaire i love straight interviews -- like in playboy -- i hate these interviews told through narrative (http://www.autoadmit.com/thread.php?thread_id=3493162&forum_id=2#32385498) |
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Date: January 16th, 2017 3:22 PM Author: ocher beady-eyed cruise ship indirect expression He also gives good gossip. A “power breakfast” with financial policymakers and investment bankers is dismissed as “clueless and so stereoptypical. They complained about the stupidity of the masses who didn’t understand the expertise that someone like Alan Greenspan was able to bring to central banking.” This is the same Greenspan who, as head of the US central bank in the bubble years, believed financiers could regulate themselves.
On this trip he went to a conference on Brexit. “I was shocked by the unanimous sense of guilt.” One former British ambassador “began by saying we have to apologise to our foreign friends for the vote to leave Europe. I said, ‘You ought to be happy to have sent a warning to the European Union.’”
He sees the support for Brexit and Trump as stemming from the same source. “You have a growing group of all people, who, under the impact of neoliberal internationalisation, have become increasingly excluded from the mainstream of their society.
“You look out here,” He gestures out of the windows of the National Gallery, at the domes and columns of Trafalgar Square, “And it’s a second Rome. You walk through the streets at night and you say, ‘My God, yes: this is what an empire looks like’.” This is the land of what Streeck calls the Marktsvolk – literally, the people of the market, the club-class financiers and executives, the asset-owning winners of globalisation.
But this space – geographic, economic, political – is off-limits to the Staatsvolk: the ones who fly yearly on holiday rather than weekly on business, the downsized, the indebted losers of neoliberalism. “These people are being driven out of London. In French cities it’s the same thing. This both reinforces them as a political power structure, and puts them completely on the defensive. But one thing they do know is that conventional politics has totally written them off.” Social democrats such as the outgoing Italian prime minister Matteo Renzi are guilty, too. “They’re on the side of the winners.” |
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Date: January 16th, 2017 3:29 PM Author: Vermilion frum gaping business firm Interesting perspective. My favorite line though was somewhat unrelated to the whole: "At a scene of cardsharps he exclaims, “Feel the decadence! The threat of violence!” |
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Date: January 16th, 2017 3:34 PM Author: clear stage volcanic crater (http://www.autoadmit.com/thread.php?thread_id=3493162&forum_id=2#32385645) |
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Date: January 16th, 2017 3:38 PM Author: Underhanded space That Indian reporter is gay, right? (http://www.autoadmit.com/thread.php?thread_id=3493162&forum_id=2#32385673) |