Financial or Multi-Dimensional Crisis?

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of course, offers business opportunities! `

The Chinese term for crisis captures within its meaning domain both the notion of ‘danger’ and ‘opportunity’. The intellectual response to crisis has also provided both these elements. The only difference is that way opportunity is perceived.

Just walk into any popular book and you will see many, many books from across the political spectrum — from the ‘free market’ theorists to the ‘new imperialism’ ones — available for your consumption, not only to understand the crisis but also to address it, both immediately and in the long term. Radicals to Nobel laureates to pop management gurus generously offer their thoughts and solutions. There is a resurgence of Marxist/socialist theories. If one has been following the intellectual output during the various crises from the distant and/or recent pasts, it is easy to find

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