A big picture view on the global economy, on the «hardware» and «software» capitalism runs on. At its core, a pretty bold argument worth pondering: «The global economy is getting a hardware refit and trying out a new operating system—in effect, a full reboot, the likes of which we have not seen in nearly a century. [..] «We need to abandon any illusion that the worldwide turn toward right-wing populism and economic nationalism is merely a temporary error.»

From Weekly Filet #534, in July 2025.