Sublime

Finally, capital is becoming a commodity. The current discussions between economists about the “global savings glut” reveal that there is too much capital to invest and too few opportunities to secure sizeable returns[173]. This may come as a surprise for entrepreneurs who rack their brains in vain trying to pitch investors who refuse to deploy cap

Some highlights have been hidden or truncated due to export limits.

The limited remit and strength of international governance create severe bounds on the ability to provide transnational public goods through voting and deliberation, but the almighty dollar (and yuan) is respected in most corners of the planet. Capital flows and the technology it is invested in shape lives around the world.