Submitted by the_electric_ant in anticapital

If the multitudes suddenly agreed that the financial system, global in scale and ever more interwoven in our daily lives, is not worthy of their confidence, what would be the result? It strains the imagination. From Karl Marx to John Maynard Keynes political economists believed that a wholesale rejection of the prevailing system of exchange would look an awful lot like revolution – with all the associated violence and suffering. What institutions or, for that matter, governments would survive a lifting of the veil over the theatre of global finance? And with what would they be replaced?



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