Yes. Guess what it is? Globalization. Yes, it's to do in the doers, allow speculators to reign.
There have been many tos and fros throughout history and even before. Many of these involved nations, where the most recent was the treading upon souls that accompanied Europe's (and the US's) conquests, which were economically motivated.
Who is the new colonizer? Well, business with its global model. That we'll be going into. Modern business seems to think that it has labor colonized.
Busyness is noted for marching after the buck. That manifests itself with the few at the top accumulating hordes of money (say, like the guy who took $161M from his position atop a company that tanked).
Many like to argue that we're not dealing with zero-sum issues. Yes we are, folks. Call it, near-zero if you must. Any who gets big pockets takes it from other pockets.
So, not only do we have the new colonizer, there is little to motivate efforts at a common basis. What basis? Well, for the USers, that which is pointed out in the Declaration of Independence. Supposedly, the Constitution of the US guarantees some type of pursuit of well-being.
Notice, that well-being is not pocket lining of exorbitant proportions. No, there has to be better ways. One of these would be to constrain the situations (via a type of sandbox) where some play with the assets of the many ultimately leading to perditious states (pity the hapless).
Such as we are in now.
05/01/2012 -- Need to bring this up to date. For now, some pointers: Steve, Rank and file, Errors of Capitalism, ...
12/08/2009 -- Consider Paul and current CEOs.
10/11/2009 -- Discussion has gone over to FED-aerated. Note the 10/11/2009 Remarks about the Business Week article on India's progress' inhibitors. 'Near zero' recognizes that some always suffer more than others, especially in win-win situations, as the whole notion of characterization minimizes visceral reactions by diminishing the real in favor of the abstracted (ah, the modern world, you say?).
09/12/2009 -- Sandbox was used without definition. Let's discuss that concept.
06/15/2009 -- Globalization, and capitalism, now a dirty word, according to one in private equity.
01/18/2009 - We even need to look at why we need finance.
12/03/2008 -- We need to learn what we might be taught about money by Islamic Finance.
2 hours ago