The last phase of a great power’s decline seems to be accompanied by an economic shift to finance-driven capitalism.
Continue reading Death of Empires: History Tells Us What Will Follow the Collapse of US HegemonyTag Archives: financialization
Behold: Gangster State Capitalism
Hanne Herland of the European Herland Report has just had her book published in which she argues that the ruling elite has resurrected feudalism by financializing the economy and offshoring middle class jobs. The title is New Left Tyranny, but it is about gangster state capitalism.
Continue reading Behold: Gangster State Capitalism