If you have nothing better to do with your time and spend most of it indulging in what is sometimes pretentiously referred to as meta-theory (I am guilty), very little you say or write about interests anyone. It probably explains why I feast on scraps from publications that are courageous or foolish enough to give me space for a regular column.

Anyway, I hope that when I occasionally dip into current affairs on the global economy I evoke some interest. In my mind, there are many more important things to be concerned about than the day-to-day sales of widgets. One of these is where global capitalism is heading, whether it will crash and burn or reconfigure itself. And in the event that it does crash and burn, what will replace it? What I am convinced of is that it will not be replaced by communism. That is buried in history.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00.