US and coalition bomb Syrian Raqqa, like Dresden was bombed in 1945 - Defense MinistryMilitary & Defense October 22, 9:56
NATO rejects media claims alliance unable of quick deploymentWorld October 21, 13:01
Russian senior diplomat: Moscow has 'no doubts' that Iran fulfilling JCPOA dealRussian Politics & Diplomacy October 21, 11:04
Monuments to Soviet troops in PolandWorld October 21, 10:57
Putin and Erdogan give positive assessment to joint efforts in Astana processWorld October 21, 3:03
Privileges to certain languages in Ukraine’s education law to worsen situation — diplomatRussian Politics & Diplomacy October 20, 21:46
International balance of forces in Syria after Raqqa’s liberation unclear yet — expertMilitary & Defense October 20, 21:05
Russia to resume import of aubergines, pomegranates from Turkey since October 30Business & Economy October 20, 20:18
International station to orbit Moon at 70,000 km distance from EarthScience & Space October 20, 20:09
“There is confidence that there is a crisis in neoliberal economics right now. <…> Most countries do not have business tradition. Business organisations <…> derived from military organisations,” said Andy Xie, Independent Economist.
“To me, this Xi Jinping’s new normal, Brexit, the election of Mr Trump as president are the beginning of the end of new liberalism,” said Xiang Bing, Founding Dean and Professor of China Business and Globalization, Cheung Kong Graduate School of Business (CKGSB).
“There is a global problem of redistribution of income. And rather than on capitalism, it depends on whether there is fairness and equality in this or that society,” said Rodrigo Malmierca Diaz, Minister of Foreign Trade and Foreign Investment of the Republic of Cuba.
“The key element of the new model will be coming from Europe, the social democracy side. <…> In the future, I think, we need a new model,” said Xiang Bing.
“In our government’s view, the fundamental element is a person. A person is more valuable than the capital,” said Silvana Vallejo Paez, General Director, ProEcuador.
“Eight individuals have as many assets as half the world’s population. <…> I think we really need to look at what the real basis, the goal of capitalism is. <…> It has reached the point of disequilibrium when it is falling apart. <…> We need to create a new type of economy, whether we do it as state-owned capitalism or privatised capitalism, I think we can debate those points, but the essential issue is that we need to create an economic system that is itself a renewable resource,” said John Perkins, Founder, Dream Change Inc.
“We need to find a balance and opportunities for the state to participate in the regulation and provide reasonable support for industries that are, either in the long-term perspective or locally, the most promising for the country’s economy,” said Dmitry Kurdyukov, First Deputy Chairman, Corporation Bank for Development and Foreign Economic Affairs (Vnesheconombank).
“I think, China succeeded despite the state capitalism, not because of it,” said Xiang Bing.
"I am not sure that state capitalism is coming globally. Moreover, I think that there is no serious need to have state capitalism across the world,” said Oleg Vyugin, Member of the Board of Directors, Rosneft; Professor, National Research University Higher School of Economics.