Comments (2)

  1. Justin Mccarthy says:

    Great peice. History will reflect on how globalism killed capitalism.

  2. Curious Mayhem says:

    Globalism is killing capitalism by disconnecting it from responsible political leadership within each country. Politicians abandoned leadership and threw up their hands, leaving economic policy to the central banks alone. These in turn were bewitched by the “wealth effect” and “stimulus” nonsense.

    it’s very likely to lead, not to socialism, but to growing far-right populist parties that impose punitive policies that just make things worse. (once the bubble pops, the unfundability of socialist redistributive fantasies will be plain to all.) you can see this already in Europe, Israel, and japan, where traditional center-left parties are disappearing.

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