Peter Toogood: At times of crisis, there are no rules of engagement

The current economic model globally is broken

clock • 3 min read

A new bull market may be coming but, says Peter Toogood, it will be shaped very differently from the past and start from lower levels than this

As deeply uncomfortable as many of us collectively feel about the decision last Thursday, it should not come a shock to us. The assumption that globalisation, which involves the unfettered free movement of capital and labour, would not see a reaction from those left behind was naive, at best, and, at worst, downright careless. The UK population has just voted on the challenges created by globalisation. The neo-liberal model we have all been pursuing since the early 1980s is now under severe pressure. The basic model is one of unfettered capitalism, where capital moves freely to maximise ...

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