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French Presidential Elections – Bye Bye la République
In order to identify himself with the capitalist system, the unemployed of today would have completely to forget his personal fate and the politician of today his ambition. Joseph Schumpeter. Every...
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Dubai or: “Die Nation ist tot”
Europe broods over its national identities, is shattered by “Europehood”, post-colonial immigration, the prospect of having Turkey into the EU. National identities all over the world are put into...
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Oil industry and global politics – an inevitably explosive mix
S. Salgado - Worker in the oil fields set on fire by Iraq in Kuwait, during the 1991 war “Energy is the life-blood of the world’s economy.” Abdallah S. Jum’ah, President and CEO, Saudi Aramco...
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Venezuela and Russia or the Rise of 21st Century “State-Capitalism”
Hugo Chavez knows very well that pure “socialismo”, i.e., centralised economic planning and 100% state ownership of the production apparatus doesn’t work. So how can you still be a socialist in the...
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The new oil majors
This is just a complement to my recent post on the oil industry and global politics. The FT published today a new ranking of the world’s biggest oil majors entitled “The new seven sisters: oil and gas...
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Political shifts in Western politics – Left, Right and Centre
When there are major shifts in national and international economic or political equilibria, the notions of political Right and Left tend to undergo fundamental changes. This is happening today too....
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Of chickens, eggs and mayonnaise – amateur cook’s thoughts on economic...
Whilst I am stuck in a post I want to write on Europe to celebrate it’s 50th birthday (hope I’ll make it soon), while having lots of work to get done, please have a look in the meantime at what others...
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Dani Rodrik down a dangerous path
I have finally come round to delving into the contribution made by Harvard Professor Dani Rodrik in the Financial Times recently, entitled “The cheerleaders’ threat to global trade”. It shocked me when...
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Global backwaters
Foreign Policy just published its Failed States Index 2007. A bit of a reverse correlation with the countries on the Globalization Index published by the same Foreign Policy.
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Hate Big Business? Me too! But not for the same reason
Foreign Policy – usually an interesting magazine publishing refreshing articles came up with a sorry, very sorry article in its latest edition. Robert Reich’s published on: “How Capitalism is Killing...
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