The Current Crisis and the Essence of Capitalism | Thomas K. McCraw

The Current Crisis and the Essence of Capitalism | Thomas K. McCraw

US Uncut Ohio

‎"Large parts of the electorate in many countries remain in a state of denial -- confused, fearful, and somehow convinced that government caused the crisis." The heart of the issue? I think so.

http://www.themontrealreview.com/2009/The-current-crisis-and-the-essence-of-capitalism.php

The Current Crisis and the Essence of Capitalism | Thomas K. McCraw

www.themontrealreview.com

The worldwide economic downturn is no short-term blip but a full-fledged crisis of capitalism. Amid the din of commentary and political posturing, it's appropriate to return to first principles for a better understanding of the crisis. What are these principles? The answer requires a foray into hist...