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2 posts tagged with capitalism by marienbad.
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The Ghost of the Colonels

Adam Curtis on The legacy of the Colonels Coup - "What is forgotten is that from 1967 to 1974 the Greek people lived under a harsh and violent dictatorship that tortured and murdered thousands of ordinary people. The Colonels also corrupted the society by handing out vast loans to individuals in towns and villages across the country - to buy their loyalty. At the same time the repression and torture bred a powerful resistance that finally burst out in incredible bravery in 1973." [more inside]
posted by marienbad on Feb 29, 2012 - 12 comments

Economic Development: The Examples of India and China

"This is an intriguing little video summarizing the hypothesis of a new study by Vamsi Vakulabharanam. It looks at the puzzle of why China and India are exceptions to the Kuznets curve, that economic development at first increases income inequality but then starts to produce less disparity. But that did not occur in India and China. Vakulabharanam argues that the difference lies in changes in institutional arrangements, and the inflection point was roughly 1980."
posted by marienbad on Feb 18, 2012 - 3 comments

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