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The New Reckoning: Capitalism, States and Citizens
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We are told that this is a new world, with which old theories cannot cope. But the dynamic driving the current global transformation is not as new as our pundits and politicians pretend. The global market-place of our day may have little in common with the tamed welfare capitalism of the post-war period but it is uncannily reminiscent of the untamed capitalism of 100 years ago. Keynes and Beveridge may be dead, but Marx, Malthus and Ricardo have had a new lease of life.
In these timely ess...