Post-crisis, the world will be an even more unpleasant place than it was before. By D. Mario Nuti.

Currently, by and large, the economic system emerging from the crisis is bound to be substantially very similar to the pre-crisis one, improved in some respects, but worsened by large scale cuts in welfare expenditure made necessary by the (debatable) purpose of achieving fiscal balance. The post-crisis system will be more conflictual and insecure, less rather than more ‘green’ - basically a more unpleasant world in which to live.