Petrocapital – A Threat to Capital Markets and Globalization

Jim de Wilde, a GIR Community Member, is delivering a very interesting speech in the next few days at the Haskayne Business School at the University of Calgary (note the location). Jim, today a venture capitalist (very important) and a long-time Liberal (less important) has a very important take on the impact of petrocapital on capital markets. He suggests that the source of capital is important. He raises it by identifying capital that is, “…just non-productive capital resulting from resource rents and geological roulette? How does the concentration of newly-formed capital in the hands of a few Continue reading