Big corporations are thriving; elites are collecting enormous booty, while great majority of people in the West is gradually losing its ability to dream and to feel. Without those preconditions, no rebellion is possible. Lack of imagination, accompanied by emotional numbness, is the most effective formula for stagnation, even regression.That is why the West is finished.
The 130 giant wind turbines that sprout from the peaks, slicing the air with a rhythmic sigh, have helped Portugal to a remarkable achievement. For four and a half days in May the country ran entirely on electricity from renewable sources: wind, hydro and solar power.
He discusses his complicated role in his new book, And the Weak Suffer What They Must?: Europe’s Crisis and America’s Economic Future
Harvard Arab World Conference 2016, Muscat, April 2, 2016
the firms’ leaders acted less like the stewards of utilities and more like sleazy Wall Street hotshots. They made hyper-aggressive business decisions because their bonuses were tied to earnings growth. Some executives even engaged in Enronesque accounting manipulations in an effort to jack up their bonuses even further. These efforts led to record civil fines.
Mutant capitalism and US foreign policy 2 min video