Crises of Capitalism

After the end of Cold War, a least or less-regulated market economy model seems having defeated a centrally planned economy.  However, due to inherently market failures, such an economic system "never solves its crisis problems, instead it moves them around geographically."  If a nation's policy innovations and political progress failed to adapt a more efficient economic system, the nation itself would become a part of history.

Holding excessive power of capital, financial industry needs to revolve itself around recapitalization or reinvestment in real economy rather than pursuing return in financial markets.

Source: RSA