“Regular crises perpetuate the past by reinvigorating cycles which started long ago. In contrast, (capital-C) Crises are the past's death knell. They function like laboratories in which the future is incubated. They have given us agriculture and the industrial revolution, technology and the labour contract, killer germs and antibiotics. Once they strike, the past ceases to be a reliable predictor of the future and a brave new world is born.” WorldLongPastGivenBornTechnologyRevolutionFunctionCrisisBraveStrikesCeaseLabourCyclesContractsNew WorldContrastKillersLong AgoAgricultureLaboratoryGermsIndustrial RevolutionBrave New WorldAntibiotics Book:The Global Minotaur: America, Europe and the Future of the Global Economy Source: The Global Minotaur: America, Europe and the Future of the Global Economy
“Had history been democratic in its ways, there would have been no farming and no indsturial revolution. Both leaps into the future were occasioned by unbearably painful crises that made most people wish they could recoil into the past.” PeopleWayHas BeensMadePastWishRevolutionCrisisDemocraticPainfulLeapFarmingIndustrial RevolutionRecoil Book:The Global Minotaur: America, Europe and the Future of the Global Economy Source: The Global Minotaur: America, Europe and the Future of the Global Economy
“The economic crisis has weakened the EU for years.” YearsEconomicCrisisEconomic Crisis Author:Yanis Varoufakis
