The Manic Logic of Global Capitalism

The global economic landscape is being radically transformed. Traditional boundaries disappear as huge transnational corporations move virtually at will in search of cheap labor and resources. One financier boasts, “Now capital has wings.” While things may be rosy for some corporations, there are signs of alarm. George Soros, the billionaire speculator, warns in Atlantic magazine that out-of-control capitalism is a threat to international stability.