13 October 2009 ~ 0 Comments

Immanuel Wallerstein – The Worst is Yet to Come

To quote him, ‘the worst is yet to come.’ I am not a doomsayer but Immanuel Wallerstein is a much respected economist, credited for World Systems Theory. I would usually stray away from predictions about economic matters but Wallerstein is absolutely correct that the crisis is not over–booms and bursts are inherent in the capitalist […]

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