Robert Preston | BBC Business Editor | Dec 8, 2008
The contraction of the world' developed economies represents the end of an era. Taxpayers have been forced to support the banking system and the real economy on a scale we've never seen before.
For many years to come, what's happening will affect the relationship between business and government, between taxpayers and the private sector, between employers and employees, between investors and companies.
A new capitalism will emerge from the rubble.