The document discusses how capitalism has changed over the last 25 years, with capital becoming more globally mobile since 1970. It focuses on the collapse of Lehman Brothers on September 15, 2008 and the headlines about it the following day.

2. [Lehman collapse, 15 September 2008 - headlines 16 Sep 2008]

19. Over the last quarter of a
century something
fundamental seems to
have changed in the way
in which capitalism works.
The tendency since 1970
has been towards greater
geographical mobility of
capital.

41. [Lehman collapse, 15 September 2008 - headlines 16 Sep 2008]