I
despair at the state and quality of economic debate these days. Time
and again we are subjected to editorials, debates and conference
discussion forums in which progressive elites assure us that
‘Capitalism’ is terminal, having been once and for all irrefutably and
devastatingly discredited. For these progressive intellectuals, the
current global financial crisis is an ideological godsend, akin to the
mainstream Right’s revelry in the collapse of the Soviet Union.
In almost every instance I’m referring to, Capitalism is defined as
the unfettered free market system. This is perfectly fine as it goes,
but this is not the source of my despair. My despair lies with the
utterly false misconception that the system that fostered the global
economic crisis was a capitalistic one. That is, to argue that the
unfettered free market was responsible for our present crises is to
completely miscomprehend the nature of our political economy and the set
of conditions that precipitated near total financial calamity.
Mais
Economia
- In Defence Of Capitalism, The Most Virtuous Economic System Yet Devised.
Recebi do nosso grupo de Economia Política o post completo que o escritor e jornalista Daniel Hannan publicou hoje em seu blog no jornal The Telegraph. Trata-se de um texto muito bom na demonstração de como funciona o capitalismo e confirma o que...
- O Crash De 1929
Reliving the Crash of '29 By Murray N. Rothbard Mises.org [First published in Inquiry, November 12, 1979.] A half-century ago, America — and then the world — was rocked by a mighty stock-market crash that soon turned into the steepest and...
- O Conceito De "capitalismo"
“Free Markets” Are Not “Capitalism” The word “capitalism” was coined by the socialists, often used as a pejorative, and has historically described a system of state-granted privilege and plutocracy. This is the definition to which most...
- Soros: A Crise Continua
NEW YORK (Reuters) - Renowned investor George Soros said on Friday the world financial system has effectively disintegrated, adding that there is yet no prospect of a near-term resolution to the crisis. Soros said the turbulence is actually more severe...
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Para ler nas horas de folga... Mais um "policy analysis" para minhas horas de folga (se é que elas ainda existem...): Replacing Potemkin Capitalism: Russia's Need for a Free-Market Financial System. Trecho: On August 17, 1998, Russia devalued...
Economia
O fantasma chamado capitalismo
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- In Defence Of Capitalism, The Most Virtuous Economic System Yet Devised.
Recebi do nosso grupo de Economia Política o post completo que o escritor e jornalista Daniel Hannan publicou hoje em seu blog no jornal The Telegraph. Trata-se de um texto muito bom na demonstração de como funciona o capitalismo e confirma o que...
- O Crash De 1929
Reliving the Crash of '29 By Murray N. Rothbard Mises.org [First published in Inquiry, November 12, 1979.] A half-century ago, America — and then the world — was rocked by a mighty stock-market crash that soon turned into the steepest and...
- O Conceito De "capitalismo"
“Free Markets” Are Not “Capitalism” The word “capitalism” was coined by the socialists, often used as a pejorative, and has historically described a system of state-granted privilege and plutocracy. This is the definition to which most...
- Soros: A Crise Continua
NEW YORK (Reuters) - Renowned investor George Soros said on Friday the world financial system has effectively disintegrated, adding that there is yet no prospect of a near-term resolution to the crisis. Soros said the turbulence is actually more severe...
-
Para ler nas horas de folga... Mais um "policy analysis" para minhas horas de folga (se é que elas ainda existem...): Replacing Potemkin Capitalism: Russia's Need for a Free-Market Financial System. Trecho: On August 17, 1998, Russia devalued...