At this year’s World Economic Forum in Davos, which closed its doors yesterday, one of the hot debates was that capitalism, in its current form, no longer fits the world around us. An obvious example of capitalism going in the wrong direction are the absurd project plans of the Russian state company OJSC “Northern Caucasus Resorts” to turn the Northern Caucasus Region into a 15 bn $ tourism cluster area, covered by a network of high-end mountain ski resorts.
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