Bretton Woods

A contradiction at the heart of Chaos: Regulation of global financial markets to solve boom and bust is a non-starter

It appears the world’s governments have stopped capitalism going into total meltdown. But even if it recovers the cost of saving it will be massive and we, the working class, will pay for years to come through job losses, cuts in pay and reductions in public services. Nor is that our only worry. There is every likelihood capitalism will nose dive back into recession at some future point.