The crisis of capitalism is a lack of capitalism. “The American economy increasingly serves only a narrow part of society, and America’s national politics has failed to put the country back on track through honest, open, and transparent problem solving. Too many of America’s elites-among the super-rich, the CEOs, and many of my colleagues in academia- ... MOREFriday, February 24, 2012
Nathan Lewis: The Crisis Of Capitalism
The crisis of capitalism is a lack of capitalism. “The American economy increasingly serves only a narrow part of society, and America’s national politics has failed to put the country back on track through honest, open, and transparent problem solving. Too many of America’s elites-among the super-rich, the CEOs, and many of my colleagues in academia- ... MORE
Labels:
capitalism,
collectivism,
economics,
incentives,
law,
power,
production,
property rights,
wealth
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