
Do Capitalists Still Need Consumers?
While it’s hard to come up with numbers, the delocalisation and outsourcing of production and other economic activities to low-cost countries have resulted in the
Author profile
Sergio M. Focardi is Professor of Finance at the Léonard De Vinci University, Paris-La Défense and author of Money: What It Is, How It’s Created, Who Gets It, and Why It Matters (London: Routledge).

While it’s hard to come up with numbers, the delocalisation and outsourcing of production and other economic activities to low-cost countries have resulted in the

For decades, Western governments (and their economies) have been delivering real growth and economic well-being to their citizens. But changes that have occurred since the