Creative Destruction: The Madness of the Global Economy

http://medialens.org/index.php/alerts/alert-archive/2008/531-creative-destruction-the-madness-of-the-global-economy.html

Publisher:  Medialens
Date Written:  05/02/2008
Year Published:  2008  
Resource Type:  Article
Cx Number:  CX9531

The current system of economics, particularly the latest stage of 'turbo-capitalism', known inoffensively as 'neoliberalism', is built upon painful boom-and-bust cycles fuelled by corporate greed and maintained by cynical deception of the public. The costs to the planet - in terms of human suffering and environmental collapse - are staggering.

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