Summary
"The Genius of the Beast" is a tour de force - a realistic but sympathetic examination of the expansions and contractions of the capitalist system, all the more remarkable because its author is both a science writer and former music-industry publicist.
Howard Bloom looks at capitalism as a reflection not only in Darwinian terms of the natural order but in cosmic terms, comparing its boom-and-bust cycles to the grand drama of the universe. Capitalism at first begins tentatively exploring new opportunities for profit, like a search engine, and, finding them, embarks on an exuberant period of growth that can expand into a bubble.See the full content of this document
Extract
Capitalism: Birds Do It, Bees Do It
The inevitable limits of the opportunity then produce disappointment, often resulting in a shocked retreat and a collapse of the bubble as capitalism enters a depressed state, only to begin "repurposing" and then searching for more opportunities to expand.
And the ...See the full content of this document
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