Making Free Marketeers Angry: US Living on Borrowed Time - and Money

Wednesday, March 29, 2006

US Living on Borrowed Time - and Money

In 1987, Yale historian Paul Kennedy published The Rise and Fall of the Great Powers, in which he argued that "military overstretch" - where conquering nations engaged in more foreign military adventures than their economic resources could support - led to the eventual decline and fall of empires.... Sign in to see full entry.

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March 2006
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Jeff Gates put forward some of the most powerful, compelling, well-researched and well-referenced arguements against the accepted 'wisdom' that the current version of capitalism works. Now, I add my own pearls. Ten deep breathes before reading, or you're in at your own risk. Hey! Don't Shoot The Messenger! OK?

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