Economic Nationalism: How Capitalism Tries to Cope With Extreme Inequality As global capitalism changes, each country tries to grab gains from and shift losses onto others: nationalist hostility becomes the new “spirit of the age” (Brexit, Trump, demonization of immigrants and foreigners, etc.). In connection with Wolff’s discussion of the main topic above, he will also cover the following issues at the September 2018, event: Emerging market crises (Venezuela, Turkey, Argentina, Indonesia, etc.) Modern Monetary Theory, how banks create money, and the meaning of today’s record levels of government, corporate and personal debts.