Attn: Anti-capitalists, modern liberals

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Attn: Anti-capitalists, modern liberals

Larry Herman Offline

Riesentöter Technical Chair
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Posts: 385
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07-20-2010, 11:13 AM

That argument from David Harvey is silly. No one who is thinking clearly on the subject (either liberal or conservative) is advocating the abolishment of Capitalism. It is the best system around. It's just that it need proper regulation, or like a fire gone wild, may burn with unintended consequences.

Blame who you will, but the reason for our current dilemma is the relaxing of regulations and the removal of consequences in the banking industry (for corporations and individuals). And if you don't agree with regulation, well then lets just bring back the Ponzi scheme. It is pure capitalism, right?

Larry Herman
2006 Cayenne S
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[No subject] - by - 07-20-2010, 06:18 AM

[No subject] - by - 07-20-2010, 10:44 AM

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