Monday 10 October 2011

Capitalism Collapse? 'Cash grab system cannot survive storm'


RussiaToday | Oct 9, 2011
There is barely a corner of the globe that has not been touched by the current financial meltdown. But a senior sociology scholar at Yale University thinks the crisis is far wider than the economic crash - it is capitalism itself which is collapsing. ­Immanuel Wallerstein explained his theory to RT.
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