- Capitalism and Alternatives -

commonality

In Reply to: if capitalism was as the idealists intended it instead of the nightmare that is we could both live with it posted by lark on December 08, 1999 at 16:31:29:

: The more of Adam Smith I read the more I'm convinced the man was a bloody marxist,

I'm sure Stoller would argue otherwise.

Its not that capitalism has been 'betrayed' as such. The problems are more complex. Some people have called corporatism, with its crony ism in government, 'socialism for the rich'. In other words they buy exemption from competition by using the power of government (in a very much voluntary two way deal).

That people dont seem to care is alarming, that people think this is what capitalism is all about is more so.

Follow Ups:

• Keynes and co. Lark December 10 1999 (1)
  • Keynes' day is done Samuel Day Fassbinder Citizens for Mustard Greens USA December 11 1999 (0)