ABSTRACT
Throughout the world, a series of important social changes are affecting many people. Meeting in Europe this summer (2012), with its troubled Eurozone, we must be aware that a major realignment of economics is taking place. We seem to be coming towards the end of the phase of globalised economics that gave us a neoliberal free-for-all-style capitalism across the world. It is not clear yet whether this is a major economic shift of the kind that, with the oil price shocks of the 1970s, shifted global economics away from the international system of economic management devised in the Bretton Woods conferences after the second world war.
