Editors' Blog
Too Big to Fail? The Bigger They Are...
We hear a lot lately about corporations (e.g. banks) that are 'too big to fail', in other words, companies that have become so large that they are 'structurally important', they have become a part of the fabric of society to the extent that their failure might be, at least in the eyes of the powerful, catastrophic.
Class and Crisis, notes
A class doesn't necessarily know what its own interests are, but it acts on its own interests, or what it thinks they are.
