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Our brave new capitalist world ... is creating new elites.
And that is an unqualified good because as long as there are elites, Martin Wolf has his subsistence guaranteed.

Can the last politician to go out the revolving door please turn the lights off?
by Migeru (migeru at eurotrib dot com) on Tue Jun 19th, 2007 at 12:09:14 PM EST
Absolutely. He even turns up at Bilderberg meetings....

"Any economic unit can emit money. The serious problem is to get it accepted" Hyman Minsky
by ChrisCook (cojockathotmaildotcom) on Tue Jun 19th, 2007 at 03:54:23 PM EST
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