8 Oct 2008

Crash!

20081007_header The shit is really hitting the fan now. The old stalwarts of capitalism, like The Economist, Alan Greenspan, economics textbooks authors like Gregory Mankiw and neoclassically-minded professors all around the world are frantically wiping the crap off their faces and deciding what to do next. The era of unbridled consumption which started after World War II and continued unabated for over 50 years has now ended and ... a new era is about to be born.   Adbusters Magazine