Tag Archives : material ambition

There have been many explanations formed to render a clearer picture as to why the current global recession occurred after the burst of the housing bubble: ‘interest rates were too low, regulation failed, rising real-estate prices induced a sort of temporary insanity in America’s middle class.’ However, social analysts have found a more profound [...]

If one shortcuts the path from the temptations of free trade and the current global recession, one can glean that free trade caused greedy and ambitious producers (plus all and sundry that support their endeavors in any which way) produce more and more, or perhaps even just attempt to produce more and more – all to fuel the overconsumption and greed [...]