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Showing posts with label Capitalism. Show all posts
Showing posts with label Capitalism. Show all posts

Davos business leaders say Western capitalism has widened income gap, new models needed - The Washington Post

Davos business leaders say Western capitalism has widened income gap, new models needed - The Washington Post: "DAVOS, Switzerland — A four-year economic crisis has left societies battered and widened the gap between the haves and have-nots, financial leaders conceded Wednesday — with one suggesting that Western-style capitalism itself may be endangered."

Risks of global recession mount | Reuters

Risks of global recession mount | Reuters: (Reuters) - "Financial contagion from Europe is pushing global economies toward the brink, and the risks of slipping into worldwide recession are rising significantly."

Double-dip recession porridge: 3 bears dish it out | Reuters Money

Double-dip recession porridge: 3 bears dish it out | Reuters Money: Nouriel Roubini, professor of economics at New York University — starts out his jeremiad by asking the question “Is Capitalism Doomed?”