"Could America desire any more potent evocation of virtuous capitalism at work? Surely not. And is this not a good time to evoke such virtues? It surely is, because it's clear, as we head into the summer of 2006, that the world capitalist system is out of control. Literally so. In the older order of things, international bodies such as the International Monetary Fund, the central banks and kindred bodies could claim to have some purchase on the overall situation. Not anymore. The major players these days are thousands of managers of private equity funds-traders in shares, bonds, derivatives and other instruments of a complexity that would require the genius of the late Stanislaw Lem to evoke, as he did the planet of Solaris."
<http://www.counterpunch.org/cockburn07032006.html>
Dennis
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