Howard Wachtel, Myriam vander Stichele, Susan George, Barry Gills
27 November 2008
Does the greatest financial crisis since the Wall Street crash of 1929 mean that the 'capitalism as we know it' has reached its end? TNI panelists analyse the causes and consequences of the on-going global financial crisis and discuss its profound implications for a changed world order.
TNI, made up of academic scholars from around the world, has long been warning of the dangers of the financial bubble, featuring articles on the issue and holding a Fellows Meeting titled the “Power of Money” in 2007. TNI launched a blog during 2008 to bring together some of the commentary and news on the crisis.
This is the story of America's most famous street, Wall Street. Exploring its development through the eighteenth and nineteenth centuries, Wachtel charts its dramatic transformation, offering a window on the past that helps us understand how it became the center of world finance that we see today.
What would you recommend if you wanted to preserve capitalism in the 21st century? The Lugano Report stakes out new territory and proceeds with relentless logic from uncompromising diagnosis to chilling cure.