Twilight Before the Storm: Neoliberalism, Crisis of Capitalism, and the 1930s Parallel
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Twilight Before the Storm: Neoliberalism, Crisis of Capitalism, and the 1930s Parallel
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Review by Donald Harvey Marks concerning Viktor Shvets' fantastic recent book: The Twilight Before the Storm. I analyze the book's central arguments, which posit that the world is in a dangerous transitional period marked by the decline of neoliberalism - an ideology rooted in free-market capitalism that sounds reasonable, but went astray. A core concept in the book is the "Fujiwara Effect," describing how advanced technology combined with financialization is reshaping the global economy and creating abundance. Shvets draws historical parallels to the 1930s to illustrate today's social and political fractures, warning of potential conflict unless we can reach a new societal consensus.
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