By De Guerre Nom In July 1944, as World War II drew to a close, delegates from 44 Allied countries met in Bretton Woods, New Hampshire for the United Nations Monetary and Financial Conference to draw up plans for the management of the world economy in the aftermath of the most destructive war in history. [...]
By Stephanie McMillan The historical development of capitalism drives inexorably (though not uniformly) toward the concentration of capital. This is expedited by increasing the scale of production, dominating markets, and improving technology. Concentrations of capital form monopolies that can exert proportional power (control) over the economic and political arrangements of the social formations they dominate. [...]