Reasons Why Capitalism Can’t Recover Anytime Soon

Reasons Why Capitalism Can’t Recover Anytime Soon By Shamus Cooke There are important social, political, and economic developments that belie the rosy predictions of politicians. As the recession grinds on, politicians in most industrial countries have an incentive to make exaggerated claims about the supposed coming economic recovery. Some say the recession is over. Obama is in the group that claims we’re on “the road to recovery,” while other nations can only spot recovery “on the horizon.” Below are seven important social phenomena that point to a [...]