EU and Eurozone affairs within the context of European, US and global systemics and dynamics
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Wednesday, 25 January 2012

Looking for a new version of Capitalism in the Alps!

IMO capitalism is the system where money capital plays the central role, borne out of the capital intensive industry

Now that the majority of economic activity in most of the West is Services related, a new system is needed, one with money capital in a merely secondary role. Will it still deserve the term "capitalism"?
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