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‘Capitalism Has Degenerated into a Casino’

Spiegel - Nobel Peace Prize laureate Muhammad Yunus says that greed has destroyed the world’s financial system. SPIEGEL ONLINE spoke with him about the profit motive, social consciousness and what should be done to end the financial crisis.

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Mammon, The God Of Excess

Pravda by Gaither Stewart - The natural subject for this essay is Capitalism itself, in fact, the underlying subject of the whole essay quartet. However, since Capitalism is too vast to treat here, the god-devil image of Mammon is more accessible. For the very basis of Western society is the personification of a Weltanschauung, [...]

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Sarkozy’s fiscal meeting raises diplomatic hackles

IHT - President Nicolas Sarkozy of France left the summit meeting on the financial crisis here last weekend in a triumphal mood, declaring that it had tamed the animal spirits of American capitalism. Then he went home and announced that he would hold his own summit meeting in a few weeks in Paris — [...]

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