The death of capatalism! J.R. Ewing is a trot and Marx invented Coca Cola!
September 8, 2008 2:06am CST
US, despite its restrictive and protectionist trade policies, has long been hailed the champion of capitalism. Yet, now we see the supposedly right wing Bush government adopting a socialist policy of bailing out Fannie Mae and Freddie Mac. Are these the death throws of a dying beast, heralding in a glorious new age of sensible planned economies? Where governments take practical measures and refuse to be blinded by dogmatic adherence to theories? all the best urban
• United States
8 Sep 08
..I'm not sure I like it.. since when has bureaucracy done anything but create more cumbersome bureaucracy.. I understand that with a large society there has to be some government programs to help in times of need.. but I also know the more the gov is in control of the bigger and stronger government gets..
8 Sep 08
Yes, that's the theory but the facts don't fit. For instance, NHS cost per head is far less than equivalent of US insurance based medicine. UK, energy utilities were more efficient under nationalised ownership. Till, we stop just blindly accepting these chiches, like bureaucracy only creates more bureaucracy, we will hinder our understanding. The times they are a changing all the best urban