‘Was Marx right after all?’ This is the question that Germany\u2019s most widely read weekly magazine asks on the cover of its New Year edition. <\/p>\n
Fear seems to have gripped the editorial office of Der Spiegel. Something is very wrong with capitalism. As they themselves explain, this fear is widely shared within the ruling class. <\/p>\n
The article quotes Ray Dalio, a hedge fund manager worth $22bn, who believes ‘capitalism urgently needs to be fundamentally reformed. Otherwise it will perish, and deservedly so.’ <\/p>\n
The Financial Times is equally alarmed. Goldman Sachs and Bosch are cited among the corporate giants questioning the resilience of the market in the face of looming catastrophe (tinyurl.com\/bm24yv5b<\/a>).<\/p>\n","protected":false},"template":"","class_list":["post-240053","snippet","type-snippet","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.worldsocialism.org\/spgb\/wp-json\/wp\/v2\/snippet\/240053","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.worldsocialism.org\/spgb\/wp-json\/wp\/v2\/snippet"}],"about":[{"href":"https:\/\/www.worldsocialism.org\/spgb\/wp-json\/wp\/v2\/types\/snippet"}],"wp:attachment":[{"href":"https:\/\/www.worldsocialism.org\/spgb\/wp-json\/wp\/v2\/media?parent=240053"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}