LookingGlass by Glasshouse Forum No. 2/2008
"The Fall of Babylondon"
The large financial sectors in the USA and Great Britain have been hit hard by the financial crisis. LookingGlass asks why these financial sectors grew so big in the first place, and whether their expansion might have contributed to widening income gaps and short-termism. This crisis also marks the end of the deregulation era and the beginning of a new political paradigm.