Abstract
The evolution of the liberal capitalist system ground to a halt in 2007–08. The default of the apocryphal subprime mortgage borrower in America’s mid-west, a mere flutter of butterfly wings, caused a hurricane of fear to rage through the securitized debt markets and sent the world’s banking system into cardiac arrest.
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Reference
A Theory of Justice, Harvard University Press, 1971.
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© 2010 Tom Lloyd
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Lloyd, T. (2010). Introduction . In: Business at a Crossroads. Palgrave Macmillan, London. https://doi.org/10.1057/9780230250987_1
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DOI: https://doi.org/10.1057/9780230250987_1
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-31187-3
Online ISBN: 978-0-230-25098-7
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