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The emerging new always both frightens and inspires the fading old. History is that unity of opposites. Sharp-edged rejections of what is new clash with enthusiastic celebrations of it. The old gets pushed away even as bitter denials of that reality surge. The emerging new world economy displays just such contradictions. Four major developments can illustrate them and underscore their interactions. More
The post The Emerging New World Economy appeared first on CounterPunch.org.
This content originally appeared on CounterPunch.org and was authored by Richard D. Wolff.