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Showing posts with the label hyper-capitalism

An example of London’s Property Boom

Hyper-capitalist development, privatisation, affordable housing, “surprising poverty.” That’s the opinion the Financial Times nowadays publishes from time to time. You don’t find such a language on the FT a few years ago. When I started reading the paper in early 2000s it was all about “liberal democracy” and “free market democracy.” Even after 2008/09 crisis columnists such Martin Wolf continued his defence of “free market liberal democracy” while other pages of FT were evoking Karl Marx. The word ‘capitalism’ is now everywhere. Now some, the FT for example, think that such a form of capitalism has to be put on a leash, especially after the pandemic and the disaster, the cronyism, the corruption, etc. that have become too obvious and even worrying for some liberals. London’s Sky Pool Related Here is what the  Financial Times , a supporter of neoliberal capitalism of last 40 years is suggesting to reform a system in a deep crisis and thus preserve it: "Radical reforms — reversing