The document discusses several topics including globalization, technology, logistics, Karl Marx's views on capitalism and the working class, emerging economies catching up to developed nations in skilled labor, reasons for low interest rates and inflation, the housing bubble, blogger Glenn Reynolds outpacing mainstream media, Michael Dell growing Dell into a $49 billion company by squeezing out inefficiencies in the printer business, and Walmart becoming the 8th largest trading partner of China with $315 billion in revenue through lowering prices. It also notes controversies around Walmart's treatment of employees and use of foreign labor.

2. World mysteries Why is inflation low while (i) interest rates are also low and (ii) oil prices are high? Why is return on capital at record highs? Why is there a ‘housing bubble’?

4. Historic Image : the manifesto

5. Historic Image : Santa Klaus Marx

6. Was Marx ’s prophecy correct?

7. Not really, Mr. Marx! We ’re under a temporary transition.

8. Emerging economies are catching up…

9. …and not only on low-skilled labor.

10. Why rates are so low & so is inflation? Excess liquidity has created a housing bubble.

11. The largest foreign aid program in world history?

12. How sustainable is this picture?

13. Karl Marx’s revenge

25. “ We’ll fix that.” From The Economist print edition, Technology's Mr Predictable: Michael Dell's money-making machine has further scope for growth, Face value column, Sep 22nd 2005

30. Controversy: Wal-Mart is accused of lowering costs at the expense of its employees, but that is probably an exaggeration.

31. Controversy: Wal-Mart is also accused of employing alien foreigners, but that is probably also an exaggeration.

32. Controversy Of course, Wal-Mart’s headquarters deny any wrongdoings