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Is Modern Capitalism Sustainable? December 3, 2011

Posted by proeconomia in Main, On the crisis, Opinion.
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Don’t be alarmed(!), the article is by Ken Rogoff @ Harvard. Repost from Project Syndicate makes very useful reading. Here is the closing of the article, pointing to the directions that require our attention:

“Will capitalism be a victim of its own success in producing massive wealth? For now, as fashionable as the topic of capitalism’s demise might be, the possibility seems remote. Nevertheless, as pollution, financial instability, health problems, and inequality continue to grow, and as political systems remain paralyzed, capitalism’s future might not seem so secure in a few decades as it seems now.”

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1. Development-led Globalization « Proeconomia - December 4, 2011

[…] compliment our earlier post on the sustainability of modern capitalism, here is another article on development and globalization kindly sent by our colleague Anastasia […]


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