: I think he meant it the way one would say that a ship with a sufficiently efficient pumping system could bear quite a large hole in the hull without sinking.
Well I dont understand that explanation, is he saying that the state should only be used to bail capitalism out? If that's the case then I'm glad that someone is admitting capitalism cant manage on it's own, the actual quote is on an anti-libertarian page (try the search engine) that has a lot of real good quotes about how free marketeering is based on a dogmatic faith, anyway Friedmann was say there are instances when the state has to prodive certain products because there is no way they can be sold as usual.
: : have you ever read "The economic horror"?
: Do you know if its webbed please?
Check out McSpot's reference.
: : : Its not the speed that bothers me about socialism - its the consequences of what actually happens when its implemented.
: : It's not the speed that bothers me about capitalism - it's the consequences of what actually happens when its's implemented.
: I can see why Blair / Clinton gets elected now.
Meaning Gee? I'm not that keen on either of them, they wouldnt get my vote.