ailing capitalism


Yes, Capitalism Is Ailing

I will try to demonstrate the unusual and ground-breaking phenomena which led to the Big Financial Crisis of 2008 with data related to the US, but can also be replicated for other countries which lived through a speculative bubble (if there were any statistics available. Trying to get similar figures from the Bank of Spain or the National Statistics Institute is a major headache).

capitalism sick

Is Capitalism Ailing?

We are nearly eight years on from the crisis, the effects of which have been particularly devastating for the weaker social classes. This has led to an unsustainable unemployment rate, as well as inequality, in countries like Spain. So now some people are beginning to wonder whether productive capitalism is ailing, given how difficult it is to recover pre-crisis levels.