Capitalism at bay

Economist | Oct. 18, 2008 (Editorial)

Now economic liberty is under attack and capitalism, the system which embodies it, is at bay. This week Britain, the birthplace of modern privatisation, nationalised much of its banking industry; meanwhile, amid talk of the end of the Thatcher-Reagan era, the American government has promised to put $250 billion into its banks. Full Story »

Posted by Derek Hawkins

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Walter Cox
3.8
 by Walter Cox - Oct. 19, 2008

This opinion piece pushes the perspective that capitalism must not be abandoned, because it's the best economic system we've got. Clear discussion regarding the advisability of increased government controls, as currently is the case with capitalism in Asia. "Dirigiste" is a word we are likely to hear more of during the months ahead.

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Walter's Rating

Overall
3.8

Good
from 18 answers
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3.7
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4.0
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3.0
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3.0
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4.0
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4.0
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4.0
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3.0
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4.0
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3.0
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3.0
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3.0
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2.0
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5.0
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3.0
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4.0
Popularity
4.5
Recommendation
4.0
Credibility
5.0
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