We pretty much avoid political commentary on this site, mostly
because this is a trading site, and you don’t come here because you
care about our opinions on elections or on policy matters.But at the
same time, it’s worth noting that when we trade, we’re all
participating in a very powerful, very complex system that has effects
all over the world - effects that are not always good or even intended.
When Schumpeter first described capitalism as creative destruction,
he couldn’t have fully known how right he was. With all the benefits
that economic growth and global expansion bring to previously
impoverished peoples and struggling economies, the forces of global
capitalism also leave many people behind and keep some people impoverished.
And what’s more, many of the losers in the game of global capital
aren’t the victims of some blind system, but of the malicious and
wholly intentional policies established by others.
In The Shock Doctrine: The Rise of Disaster Capitalism
Naomi Klein explains forcefully and convincingly how neoliberal
orthodox economics wreaks havoc on so many countries around the world.
To read the rest of our analysis, click over to our options trading blog.