Here is one of the best exegetic essays I have read about what has happened to the world economy, largely led by the U.S., and the effect it has had on democracy across the world.
Six years after the Lehman disaster, the industrialized world is suffering from Japan Syndrome. Growth is minimal, another crash may be brewing and the gulf between rich and poor continues to widen. Can the global economy reinvent itself?
A new buzzword is circulating in the world’s convention centers and auditoriums. It can be heard at the World Economic Forum in Davos, Switzerland, and at the annual meeting of the International Monetary Fund. Bankers sprinkle it into the presentations; politicians use it leave an impression on discussion panels.
The buzzword is “inclusion” and it refers to a trait that Western industrialized nations seem to be on the verge of losing: the ability to allow as …