Neoconomy

May 13, 2004 at 10:40 am
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India just elected Sonia Gandhi in a surprise victory.

Neoconomy – It sounds like a recipe for the kind of social unrest that can make an economy stagger, stagnate, or worse. A political backlash would seem almost inevitable. And something worse – like a riotous manifestation of anticapitalist sentiment – would become a real possibility for the first time in decades. And that’s what could happen if the theory works.

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