With the arrival of the 21st century, many in the City of London
believed a new Golden Age of Capitalism was finally approaching.
All the ambitious projects of the Big Bang were remarkably
progressing across the globe. As pay scales in the financial sector
continued to climb, there seemed little to worry about...until one
dreadful day in 2008. On the other side of the Atlantic Ocean,
things were developing rather differently in the face of hitherto
unknown hostility in the Pacific trade relationship. The Soviet
Union had finally collapsed but the prodemocracy demonstration in
China had to be suppressed. Nevertheless, these events could only
reinforce an American belief - liberal democracy is the only
remaining `sacred' ideology in the world. In such emancipated
optimism, everybody could still enjoy the unprecedented financial
momentum of Wall Street lasting even today. Tony Kosuge argues this
pre-Brexit global shift in the West must be fundamentally altered
by the people's verdict in Britain, as the EU is abruptly caught on
the defensive with a massive inflow of desperate migrants crossing
the Mediterranean from the war-torn Middle East. Growing public
discontent in Europe with austerity measures must be contained, as
it is reaching breaking point elsewhere. In this moment of
extraordinary tension, Kosuge casts fresh light on the approaching
financial threat and how a possible solution to the current
economic crisis can be established to overcome the inherent flaws
in the current global economy. He reassesses a hidden force that is
the still-surviving `forgotten' ideology in the East to deliver
drastic appraisals of our own economic system, and above all, the
required strategy for its long anticipated recovery.
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