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Aditya Banerjee's Library tagged depression   View Popular, Search in Google

Sep
7
2011

Communism didn't work that well, and neither does unrestrained capitalism it seems...
The infographic on top is particularly enlightening

jobs nytimes economics usa depression

  • Most telling of all, Washington deregulated Wall Street while insuring it against major losses. In so doing, it allowed finance — which until then had been the servant of American industry — to become its master, demanding short-term profits over long-term growth and raking in an ever larger portion of the nation’s profits.
  • Germany has grown faster than the United States for the last 15 years, and the gains have been more widely spread.
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