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mronline.org | ||
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www.conradbastable.com
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| | | | | [AI summary] The text presents a critical analysis of contemporary global economic dynamics, focusing on the decline of Bretton Woods-style Globalism and the rise of Mercantilist practices. It argues that the United States, Japan, and Germany no longer engage in reciprocal industrial investment and trade that would compound growth, instead prioritizing self-interest. China is portrayed as a dominant industrial power that keeps its investments and surpluses domestic, while other emerging economies pursue zero-sum strategies. The author emphasizes the absence of mutual enrichment and cooperation among major powers, leading to economic stagnation and the inability to overcome the Prisoner's Dilemma in global trade. The text calls for a renewed commitment to Glo... | |
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ourfiniteworld.com
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| | | | | Added complexity allows an economy to grow, even as resource limits are reached. But at some point, the complexity itself becomes a problem. | |
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pseudoerasmus.com
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| | | | | Historian Sven Beckert's widely acclaimed book,Empire of Cotton: A New History of Global Capitalism, is a good agrarian, business, and labour history of a single commodity. But as economic history it's not so good. I think many readers are disarmed by the book's magisterial sweep across time and space, whichobscures or subdues itsunderlying thesis. Yet... | |
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www.nbcnews.com
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| | | Biden national security officials met Wednesday to review options for responding to Houthi attacks on Red Sea ships, including strikes against targets in Yemen. | ||