The Shift from Neoliberalism to a New Capitalist Era

1 min read
Source: Jacobin
The Shift from Neoliberalism to a New Capitalist Era
Photo: Jacobin
TL;DR

Branko Milanovic discusses the decline of neoliberal globalization, the rise of China, the emergence of a new global elite, and the shift towards national market liberalism, highlighting the increased inequality, geopolitical tensions, and societal discontent that may lead to further instability, all within a framework of long-term observable trends and critical analysis of capitalism's moral shortcomings.

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