On Capitalism.
From Booknotes, on the book JP Morgan, National Banker by Jean Strouse
"the main things that JP Morgan did from about the 1850s to the 1890s was raise money for railroads and then watch over that money for his clients. There was not enough capital in America in the middle of the nineteenth century to build enormously expensive railroads: it had to come from Europe"

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This gives insight into the power or the world bank, and how it might be needed and useful in some circumstances. But a more fundamental problem is that there IS capital, indeed, sufficient capital throughout the world, but it is not "capitalized", ie, there are no documents that demonstrate ownership, so capital cannot be moved from neighbor to neighbor, let alone within the rage of an entire country. (This, by the way, is how Israel obtains Palestinian lands: they are not capitalized, there is no paper showing ownership. So, if you're neighbor dies or moves away, there goes the witness to your ownership. Of course, he's no safer that you: its a house of cards)