traditionally on high intensity markets under the Anglo-Saxon variant of capitalism. Empirical evaluation is prone to be inexact and … different variants of capitalism …

-term perspective, looking at the different stages through which capitalism evolves. In other words, what is needed is a Schumpeterian … elements in understanding the capitalist "new economy." This refers to his perceptive diagnosis of "money manager capitalism …," the new form of capitalism that came from the womb of the Keynesian era itself. It collapsed a first time with the dot …

. Part I addresses Minsky’s penetrating observations regarding what he called money manager capitalism. Part II outlines the …