Capitalism saw off USSR, now it needs to change or die - The National

One of Dubai's most eminent bankers recently put it to me like this: "Capitalism has won the war, now it has to show it can manage the peace."

The war he referred to was the ideological confrontation between the capitalist system and the socialist or communist alternatives that raged for most of the 20th century.

Capitalism "won" when the Soviet Union, the biggest proponent of the communist idea, collapsed in 1991.

* username: rupertbu