MercatorNet Weekly Update

Hi there, This week MercatorNet features a special issue on the market economy and culture, with two outstanding interviews, a review of one of the century's most seminal books and a review of a film about life at the top of the greasy pole. Enjoy! Michael Cook Editor ************************************************* FOCUS ON THE MARKET ECONOMY & CULTURE ANALYSING THE JIMINY CRICKET GENERATION A MercatorNet interview The immaturity of today's youth has been shaped by decades of prosperity and consumerism, says cultural commentator David Bosworth. WELFARE FOR THE RICH A MercatorNet interview Standing on your own two feet is hard for many corporations as well. But, says a Washington DC journalist, we shouldn't feel sorry for them. THE CULTURAL CONTRADICTIONS OF CAPITALISM By G. Tracy Mehan III Accounting for the fact that a culture based on self-reliance and hard work gradually turned into a culture of narcissism and mass consumption became Daniel Bell's greatest achievement. But did he have all the answers? THE DEVIL WEARS PRADA By William Park There are Oscar-winning performances in this parable about the price of success. ******************************************************** ISLAM'S EMPIRE-BUILDING TRADITION By Francis Phillips The West cannot understand Islam without grasping its historic record of trying to conquer the world for Allah, argues an expert on Middle Eastern affairs.

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