Political Economy

We had to share this insightful column from Stratfor, which discusses the present financial crisis in the larger context in which it belongs – as a political crisis.

As we watch Congress pepper corporate executives with questions, it makes sense to consider the origin of the modern corporation and the role of government in the economy.

This article is extremely insightful, taking the discussion to the European Union and the consequences of the EU’s reluctance to act on the purpose for which it was established and the problem of mutlinational arrangements.

Enjoy!

http://www.stratfor.com/weekly/20100503_global_crisis_legitimacy?utm_source=GWeekly&utm_medium=email&utm_campaign=100504&utm_content=readmore&elq=ce1946ae56b0422eb677eea7a3418283

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