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| | Market fundamentalism - Wikipedia, the free encyclopedia |
 | | It refers to the idea that the free market is always beneficial to society, that the common good is always best served by market forces. | | | The meaning can be considered economic liberalism or laissez-faire capitalism taken to an extreme. | | | Libertarians generally believe in limited government powers, and reject regulation of a free market. |
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http://en.wikipedia.org/wiki/Market_fundamentalism
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| | market failure: Information From Answers.com |
| | Of course, to most economists, markets could not exist without government enforcement of individual property rights and contracts, so to them the idea of a totally free market system is self-contradictory. | | | Economists of the Public Choice school often argue that market failure does not necessarily imply that government should attempt to solve market failures, because the costs of government failure might be worse than those of the market failure it attempts to fix. | | | In economics, market failure is a situation in which markets do not efficiently organize production or allocate goods and services to consumers (for example, a failure to allocate goods in a way some see as socially or morally preferable). |
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http://www.answers.com/main/ntquery?s=market+failure&method=2&gwp=13
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| | Faculty -- Steven Ramirez -- Publications -- Market Fundamentalism's Fiasco: Globalization as Exhibit B in the Case for ... |
| | emphasizing free markets, or market liberalization, and minimal government intervention in the economy, is the direct spawn of the efficiency obsession that dominates law and economics. | | | Markets cannot provide adequate funds for education because the full benefits of an educated citizenry are so diffused throughout society. | | | This free market mantra means an extremely limited role for government intervention in the economy of developing nations. |
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http://washburnlaw.edu/alum-dev/faculty/ramirez-s-fulltext/2003-24mich831.php
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| | Asia Times Online :: Asian news and current affairs |
| | Market fundamentalism is the belief that the optimum common interest is only achievable through a market equilibrium created by the effect of countless individual decisions of all market participants each seeking to maximize his own private gain, and that such market equilibrium should not be distorted by any | | | GM's strategy now is to be the finance and marketing arm of an auto sector in the process of being relocated from Detroit to China, while maintaining its profit margin from finance. | | | Suddenly, the needs of the global market to overcome global overcapacity with new consumers are turning against the traditional security and economic interests of the United States. |
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http://www.atimes.com/atimes/Global_Economy/GG08Dj01.html
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| | Market Fundamentalism: A review of Joseph Stiglitz's Globalization and Its Discontents - Council on Foreign ... |
| | Throughout the 1990s, they were everywhere: Markets would tremble at the slightest catch in Alan Greenspan's voice; teams from the International Monetary Fund would fly into poor countries to revamp their economies; and finance ministers would appear on television as often as prime ministers. | | | Stiglitz's bete noire is the economic approach taken since the 1980s by the World Bank and the IMF, which he terms "market fundamentalism." Most basically this is the belief, prominent during the conservative ascendancy of the Reagan and Thatcher years, that free markets are always the best way to resolve economic problems. | | | Although open capital markets bring some benefits, such as foreign direct investment, they also create a substantial risk of instability. |
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http://www.cfr.org/publication.html?id=4663
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| | Catallarchy » Free-market fundamentalism |
| | When I hear defenders of economic free markets and unfettered corporate activity also defending full transparency in government, electoral reform, and other measures that would free up the political market, then I will be more trusting of the rhetoric they expound. | | | Free markets aren’t really any ’special entity’ or ‘invention’ or ‘policy’; they are simply people freely exchanging their stuff. | | | Thus, investors have an unfair advantage here as well, in using a severely distorted political market, which is not free, to their advantage, since there is no limit to their ability, as the investors behind the corporation, to collectively unite their interests. |
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http://catallarchy.net/blog/archives/2003/08/06/free-market-fundamentalism
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| | Dollars and Sense: The Magazine of Economic Justice |
| | In his new book, The Crisis of Global Capitalism, Soros harshly criticizes true believers in the wonders of unregulated free markets, an ideology he calls "market fundamentalism." During a recent speech at Harvard University, Soros attacked market ideology on several grounds, ranging from amorality to its role in fostering financial instability. | | | Economic equilibrium is a useful concept when markets deal with known quantities. | | | Another prime tenet of textbook economics is that free markets tend toward stable "equilibria." Soros, with vast experience in financial markets, believes that they are inherently unstable (with the recent capital flight from east Asia a case in point): |
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http://www.dollarsandsense.org/archives/1999/0199breslow.html
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| | THE FIRST ARTICLE ABOUT MARKET FUNDAMENTALISM |
| | This means that any country build its economy on the principles of market fundamentalism risks becoming a poor and underdeveloped state in a world in which only the nations that invest in the development of their most talented representatives continue to progress. | | | As in all developed market economy countries, 60 to 80% of the national wealth should pass into hands of less than 20% of the population. | | | For that reason, there is great probability that both rejection government's regulation function and the diffusion of liberal market economy principles worldwide will lead, in long run, to a prolonged crisis, deeper than the one in the 20's and 30's of this century. |
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http://www.geocities.com/bkumran
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| | Threading the Needle: A Little Regulation |
| | The modern market is far too complex and compartmentalized for consumers to fully comprehend the effects of their market choices. | | | In essence, the market is the environment in which business entities compete for consumer dollars. | | | Defenders of the market might complain that I am ignoring the fact that consumers have the ability to pressure business entities that act irresponsibly. |
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http://threadtheneedle.blogspot.com/2005/04/little-regulation.html
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| | Foldvary: Confessions of a Market Fundamentalist |
| | 'Market fundamentalism' is the belief that free markets provide the greatest possible equity and prosperity, and that any interference with the market process decreases social well being. | | | In contrast, true market fundamentalists have the consistent and clear belief that markets are voluntary, and so the imposed policies of government are interventions and not part of the market. | | | Such critics don't really understand the free market, however successful they may be in their financial enterprises. |
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http://www.progress.org/2004/fold348.htm
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| | Joseph Stiglitz versus World Bank Group -- Minimalist govts and free-market fundamentalism |
| | The optimum deficit _ or the range of sustainable deficits _ depends on circumstances, including the cyclical state of the economy, prospects for future growth, the uses of government spending, the depth of financial markets, and the levels of national savings and national investment. | | | Evidence on reversing inflation suggests that the Phillips curve may be concave and that the costs of reducing inflation may thus be smaller than the benefits incurred when inflation is rising. | | | Further, transparency by itself is also not sufficient to ensure the effective functioning of markets. |
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http://www.thehindubusinessline.com/2000/01/19/stories/041944mn.htm
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| | 3rd Ear Music Forum - For Humanity And Against Market Fundamentalism |
| | The global corporate elite, in partnership, with local political elites, arestill, in spite of the increasingly obvious failures of market fundamentalism, striving to subordinate society to the market in everysphere of life in every part of the world. | | | The market is encouraged to hunt for profit in every sphere of life. | | | Another example would be the extension of patent 'rights' which privatises the ownership of knowledge, some of it life-saving and much of it produced with public funding at universities. |
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http://www.3rdearmusic.com/forum/marketfund.html
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| | Free-Market Capitalist Fundamentalism: Model for Development or L |
| | Under “free market” conditions, this means that large chunks of a society's productive capacity will be bought by outsiders, most likely at fire-sale prices. | | | This is because all of the nations that have profited from “free market” globalization and “free trade” are dominated by affluent Euro-American elites. | | | 4) “Free markets” require “free trade” in order to bring prosperity to all; i.e., protection of domestic industries and markets is counterproductive and wastes resources. |
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http://www.zmag.org/interactive/content/display_item.cfm?itemID=5110
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| | Seksi Matashutyrmouf: Market fundamentalism |
| | Shianux says that "when 2 parties come to an agreement on what each should get in a transaction, it is usually unnecessary for the state to intervene." Now this statement shows complete faith in markets, which you and I know, are imperfect. | | | He is right, however, in pointing out that the minimum wage requirement would adversely affect the job market. | | | Governments have the ability (and duty) to moderate the ill effects of globalisation upon the labour markets. |
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http://sieteocho7-8.blogspot.com/2005/08/market-fundamentalism.html
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| | The Economics of Empire: Notes on the Washington Consensus WILLIAM FINNEGAN / Harper's Magazine May03 |
| | Despite its annexation to the Washington Consensus, the Bank is not a solid bastion of market fundamentalism, and its analysts have seen enough social and financial fallout from hasty privatizations to realize, belatedly, that in many sectors, such as utilities, a strong regulatory framework to protect the public interest is essential to successful privatization. | | | The FTAA would actually go beyond NAFTA, with mandatory requirements that national markets be opened to foreign corporations not only for basic services such as banking and insurance but also for public services such as health, education, and water. | | | One hears a great deal of piety from the Bush Administration about raising global standards of living-and the president has in fact pledged to increase his foreign-aid budget by half-but the U.S. government's primary job is to advance and protect American interests. |
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http://www.mindfully.org/WTO/2003/Economics-Of-EmpireMay03.htm
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| | Left2Right: market fundamentalism |
| | As far as I know, most every discussion on the merits of free markets is based on the distinction between markets free of or with varying degrees of government intervention. | | | In that most of these institutions are private entities that own private property and "coerce" their members and/or employees through contract, they seemingly bolster the arguments of "market fundamentalists" -- at least those "market fundamentalists" who see property rights as a cornerstone of human rights. | | | Slavery is one way to have a market in labor, and we rejected it. |
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http://left2right.typepad.com/main/2004/12/market_fundamen.html
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| | Business & Finance |
| | The old team based their economic research on the belief that market does fail, and they focused their research activities on how these market failures occur in the developing nations, and they were working on finding out what sovereign government “could do to improve markets and reduce poverty”. | | | Moreover, the capital market and shareholders suffer because, for these parental obligations, the market is unable to find ways and means to improve the quality of the banks as a few control the entry of directors through inheritance. | | | Free markets were the solution to the problems of developing countries.” During this shifting of economic outlook, many first-rate economists left the World Bank. |
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http://www.weeklyholiday.net/190702/busi.html
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| | Soros warns of "market fundamentalism" |
| | Some of the most strident warnings about the state of global financial markets have come from the international financier George Soros, who achieved international notoriety after his Quantum Fund made around $2 billion at the expense of the Bank of England during the sterling currency crisis of 1992. | | | To put it bluntly, the choice confronting us is whether we will regulate global financial markets internationally or leave it to each individual state to protect its interests as best it can. | | | Soros is critical of the moves by the IMF, the US Treasury and the leaders of the G7 to improve the flow of information on financial markets to try to prevent the emergence of crises in the future. |
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http://www.wsws.org/news/1998/dec1998/soro-d22.shtml
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| | Julian's Lounge |
| | The world entire is now one big, totally unfettered market. | | | If many countries were, slowly but surely, liberalizing and privatizing, it must be the work of powerful people deeply committed to liberalization and privatization. | | | How else would you get the little men inside the box? |
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http://www.juliansanchez.com/gospels.html
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| | size |
| | It is argued to be a natural process of Free Market Capitalism and therefore sacred, ethical and unstoppable. | | | The sacred agenda of free market fundamentalism remains disguised and undisclosed in media in general and in | | | West Wing portray themselves as icons of intelligent progressive liberalism, but are in fact the premiere tools in the service of free market fundamentalism and its sacred agenda of global predatory economics and the care and feeding of supra-national corporations. |
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http://www.beachnet.com/~apeiron/WhyBushLovesWestWing.htm
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| | TCS: Tech Central Station - The Anti-Market Protocols of the Councillor of Zion |
| | In the waking world, businesses are left to grapple with the fact that almost all of their efforts fail as consumers, critics, and competitors interpret, reinterpret, and subvert their messages and products in ways they can barely fathom, much less control. | | | The forces of the market must generally be put in check. | | | Market choices bear an uncanny resemblance to votes. |
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http://www.techcentralstation.com/102704G.html
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| | Middle East Report Online: The IMF and the Future of Iraq, by Zaid Al-Ali |
| | The mass flight of foreign capital from Southeast Asia was possible mainly because many of these countries had undertaken capital market liberalization reforms prior to 1997 -- upon the advice of the IMF. | | | In their proposal to write off some of the debt, the Paris Club members took advantage of the opportunity to impose conditions that could bind the successor government in Baghdad to policies of free-market fundamentalism. | | | To make matters worse, and despite all the attention garnered by the Paris Club negotiations, most of the debt incurred by the deposed regime is not actually owed to Paris Club members. |
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http://www.merip.org/mero/mero120704.html
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| | Integrity |
| | Hoover concludes by stating that business leaders of integrity are key contributors to successful markets, and that they are necessary to the long run health of a market economy. | | | The hard-driving CEO brought GE to a market cap of $300 billion, which encompasses 300,000 people and 20 major firms. | | | Those who practice personal integrity in business are apt to create their own value chain of like corporations. |
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http://www.sportmanager.com/integrity.htm
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| | EconLog, Manne More Than Ever, Bryan Caplan: Library of Economics and Liberty |
| | If insider trading were legal, then insiders — like accountants at Arthur Andersen - could sell the stock of firms the knew to have poorly disclosed but seriously expensive stock options. | | | I proposed allowing insider trading at any time for any reason, but trades by insiders would have to be flagged in the trading computers and executed manually. | | | The information pours into the market, the exaggerated earnings statements fail to impress, and Mr. |
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http://econlog.econlib.org/archives/2005/01/manne_more_than.html
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| | S/R 37: World Bank Brings Market Fundamentalism to Iraq (Kathy Hoang) |
| | Reportedly, there is widespread opposition to privatization by both labor and management, and the Iraqi election results hardly seems a mandate for the free market approach. | | | The World Bank has forced dozens of countries to put their economies in the hands of the “free market”—achieved by eliminating regulations and taxes and granting maximum flexibility to businesses and investors. | | | Foreign investors will almost certainly move the capital generated in Iraqi markets to foreign banks because of either fear of instability in the Iraqi banking system or to benefit from higher interest rates available in other countries. |
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http://www.greens.org/s-r/37/37-15.html
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| | Free Market Fundamentalism: Neoliberalism, Friedman, and the "Chilean Miracle" |
| | If government is interfering in the market, it will only lead to a loss of profits, and therefore, government regulation had to be assumed to be bad. | | | In that seminal work, the first to really adequately describe the functioning of market economics, Smith argued that markets work best when there is minimal interference from government, and that government should not interfere with the "unseen hand" of the free market. | | | By engaging in deficit spending during contractions, and running budget surpluses during inflation, business cycles could be reined in and the misery of business panics could be avoided. |
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http://www.bidstrup.com/economics.htm
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| | Japan's Sakakibara Hits Out at IMF, US Dominance |
| | Sakakibara, known as "Mr Yen" for his influence on currency markets, is putting forward the "intellectual background" to the policies followed by Finance Minister Kiichi Miyazawa. | | | Japan's influential vice finance minister Eisuke Sakakibara has pitted himself against the International Monetary Fund and what he calls its "market fundamentalism" and "American dominance." | | | Will a triumphalist and totally unfettered free market survive? |
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http://www.globalpolicy.org/socecon/bwi-wto/imf99-3.htm
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| | "Market Fundamentalism" @ Radio Free Blogistan |
| | Worse, it reminds us that market fundamentalism has privileged the business world over politics and government in general, so even right-wing politicians end up having to support reigning in business when their own interests are threatened. | | | Speaking of the scandals, I remember when the mantra was "It's not a political scandal, it's a business scandal." I think this has backfired for the Republicans because they are perceived as the business party (I say perceived because both parties take lots of corporate lettuce). | | | Did it take severe accounting scandals and a precipitous drop in the Dow to bring forth the idea that this flavor of absolutism has become gospel on the right? |
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http://radiofreeblogistan.com/2002/07/30/market_fundamentalism.html
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| | soros |
| | Soros advances "the postulate of radical fallibility": ALL political constructs, including free enterprise ("market fundamentalism" in Soros's words) "are flawed one way or another." (168) Liberals lost coherence after the Thatcher-Reagan revolution of 1980. | | | Soros describes the rise of globalization after 1980 (Thatcher-Reagan), when financial flows became free within the framework of "international financial and trade institutions." (97) The problem with globalization is that while markets are global, politics remain grounded in sovereign states. | | | (94) Central globalizing countries like US get "too many advantages over countries at the periphery." (95) Financial markets tend toward disequilibrium and are prone to crisis. |
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http://webpages.ursinus.edu/rrichter/sorosbubble.htm
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| | Joeventures: Ayn Rand, Insensitivity, and Market Fundamentalism |
| | One could argue from a market perspective that in our increasingly interconnected global private market, there is a greater need for political and economic stability (arguably, a public good) among trade partners. | | | I get so sick of the "free markets will solve everything" arguments. | | | The United States government, however, should not give any money... |
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http://www.joeventures.com/mtblog/000374.html
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| | The Hindu : Market fundamentalism |
| | With the evolution of huge multinational corporations, the turnover of some of whom is greater than the combined GNP of a few nations, there is a need to rethink the idiom of free market and globalisation. | | | Rajni Bakshi's Creative Quest ``Beyond market fundamentalism'' (TheHindu, Sept. 24) reveals the collusion that exists between market forces and powerful governments. | | | The ineffectiveness of the current paradigm is borne out by the exploitation of the developing world through economic neo- colonialism by the developed countries with the help of the WTO and Bretton Woods institutions. |
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http://www.hinduonnet.com/2000/10/04/stories/05041307.htm
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| | Anti-MAI action turning-point against free market fundamentalism: Ranald, Stillwell, Goodman -- MAI |
| | Anti-MAI action turning-point against free market fundamentalism: Ranald, Stilwell, Goodman -- M.A.I. In a forthcoming book Frank Stilwell debates the globalisation context, arguing that transnational economic power and inter-state agreements like the proposed Multilateral Agreement on Investment (MAI), require transnational as well as national responses. | | | "Corporate power versus public interests" voices Australian opposition to the OECD's free market fundamentalism, reasserts public priorities, and discusses the alternatives. | | | The submissions offer insights into the wide-ranging implications of the MAI and highlight the way in which the draft MAI extends the legal rights of corporations, which already have considerable market power, at the expense of the rights of governments and citizens. |
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http://www.multiline.com.au/~johnm/ranald.htm
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| | FrontPage magazine.com |
| | When the society needs uplifting, the government needs to be there to institute market controls where they are necessary. | | | On the other hand, when this oversight is doing little except stifling the market, then the government needs to step out of the way and let the market do its thing. | | | Market fundamentalism only serves to make the most powerful interests even more powerful politically--as if the recent history of de-regulation, Enron, etc. has taught us nothing about the necessity of Government oversight. |
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http://www.frontpagemag.com/GoPostal/commentdetail.asp?ID=6506&commentID=67312
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| | The Bit Bucket: Market Fundamentalism |
| | Scarce commodities command higher prices, markets encourage greater efficiency, etc. This sort of agreement means that I have no answer for this: | | | The same is true of oil-- some companies will respond to the high prices by reducing their oil use a lot, freeing up those resource for other companies that will pay higher prices to continue using larger quantities of oil. | | | In the final analysis, I ask these questions not because I worry about how the markets will fare, but because I worry about how people will fare. |
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http://www.binarybits.org/archives/2005/07/market_fundamen.html
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| | LENIN'S TOMB: Natural disasters and free market fundamentalism. |
| | The Livingston Group, the firm of former House Appropriations Committee Chairman Bob Livingston, R-La., also has clients that are marketing new technologies in Washington. | | | All of which free-market fundamentalism has left Louisiana residents starving, without clean water or electricity, having to protest for help, having to steal from one another to survive. | | | The National Guard have been told to shoot-to-kill looters, because property is so much more important than human life. |
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http://leninology.blogspot.com/2005/09/natural-disasters-and-free-market.html
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| | t r u t h o u t - Johann Hari Why Inflict Discredited Market Fundamentalism on Iraq? |
| | But the economic model spread by the U.S. and British governments - and their proxy, the IMF - cannot bring democracy. | | | The most important reason for the failure of the occupation has been the coalition's economic strategy. | | | Tony Blair spoke yesterday about how important it is for Iraqi democracy to succeed - "for the security not just of the region but of Britain and the world". |
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http://www.truthout.org/docs_04/122304F.shtml
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| | amor mundi |
| | (Of course, conservatives are just as likely to point to such studies to rationalize their own feudal "work-ethic" ideology, since we all know how they love to preach about austerity measures and "market discipline" for the "unworthy poor" all the while grubbing endlessly for corporate welfare, usually in the name of "Defense.") | | | I have gone back into the blog and updated the chapter on David Brin, Markets With Eyes, since the comments I received produced some really substantial changes and I think the writing that remains is the best and most useful in the whole diss. | | | Anyway, Hughes also suggests that the study raises questions for many of us who advocate for basic income guarantees as part of our technoprogressive politics. |
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http://amormundi.blogspot.com
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| | Why Marx is man of the moment (Soros praises Marxism, scorns 'market fundamentalism') |
| | alot like Joe Kennedy helped close the "insider trading" in the stock market.... | | | Why it was JFKerry that Soros selected to tried and purchase the most important position in the whole world. | | | By August 1998, economic meltdown in Russia, currency collapses in Asia and market panic around the world prompted the Financial Times to wonder if we had moved 'from the triumph of global capitalism to its crisis in barely a decade'. |
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http://www.freerepublic.com/focus/f-news/1445002/posts
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| | AlterNet: Globalization: Poverty, Market Fundamentalism and the Media |
| | A career in the media is conditional on one's acceptance of the notion that poverty is in no way the result of free market capitalism. | | | If the link between poverty and free market exists, it's because we aren't free market enough, or the reforms have not moved fast enough. | | | Poverty coverage is also based on the view that the poor need us, the elite. |
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http://www.alternet.org/globalization/11059
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| | Market And Fundamentalism On A Global Scale |
| | Such analyses that prioritise identity in non-western societies, and theories of a fundamental civilisational divide, both have their origin in the imperialist ideological war of propaganda in general, and US control over knowledge-production in particular, and are, to put it crudely, simply reflective of their business interests. | | | And the Zioinist lobby has not only had its clout in government circles and US official agencies, it has seen to it that research on the Middle- east remains funded well, and that its direction remains in its favour. | | | Research on Central Asia has been a priority for US academic funding agencies since the Gorbachov years: the entire area is a market and has potential for control over enormous oil reserves. |
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http://pd.cpim.org/2004/1128/11282004_nalini.htm
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| | Glossary of Terms: Fu |
| | Women were forced to wear veils and abandon their careers and education (Iranian women had the highest levels of education and participation in the professions outside the Soviet Union, US and Europe), and priests were placed in charge of every institution from banks to schools and hospitals, to administer the country according to religious principles. | | | Their resort to fundamentalism is an indication that these once privileged people really have no answer to the threat facing them: the marginalisation of their belief system reflects the fact that their underlying way of life has become obsolete. | | | (4) Market fundamentalism is the dogmatic re-assertion of long-discredited theories of Adam Smith’s Invisible Hand, which no capitalist government or central bank would entertain in a fit. |
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http://www.marxists.org/glossary/terms/f/u.htm
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| | selling waves: Free-market fundamentalism? Not hardly |
| | Somehow, he and his followers came to confuse the mercantilism against which his writings were opposed with the laissez faire notions being propounded by what were then called liberals and so this strawman of “Capitalism&; came to be the symbol of the free market. | | | But we’ll never know until the Creekstones of the world are given the freedom to try to produce a safer product without federal regulators, working in concert with the worst of the mega-corps, shutting down their operation. | | | Maybe a free market would be as terrible a thing as the diehard socialists claim. |
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http://www.sellingwaves.com/archives/2004/04/20/mad_cow
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| | False market fundamentalism syndrome A Samizdata.net |
| | Selbourne has a valid point in bemoaning the neglect of civil society (Edmund Burke's 'little platoons'), but like most statists misses the obvious point that it has been the growth of the state, such as the monopoly education system, that has wreaked so much havoc. | | | I think we should arrive at a new name to describe the habit among such folk of accusing X of precisely the very opposite of what they are doing. | | | The poor man accuses the Tories of imposing market disciplines on schools. |
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http://www.samizdata.net/blog/archives/001214.html
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| | NOW: Community PBS |
| | What raised the ideological ire this time is the recent Middleton Lecture at the LBJ Library, where I talked once again about how the nexus of corporate power, market fundamentalism, and money in politics is transforming democracy, undermining capitalism, and polarizing America. | | | Hayes so patently demonstrates, since when do Tony Soprano's boys concern themselves with aesthetics in dispatching their quarry? | | | I was tempted to take out an advertisement to reprint it here to demonstrate just how grossly Mr. |
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http://www.pbs.org/now/community_ws.html
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| | Niches in the Islamic Religious Market and Fundamentalism: Examples from Turkey and Other Countries |
| | Niches in the Islamic Religious Market and Fundamentalism: Examples from Turkey and Other Countries | | | Massimo Introvigne (2005) "Niches in the Islamic Religious Market and Fundamentalism: Examples from Turkey and Other Countries", Interdisciplinary Journal of Research on Religion: Vol. | | | Interdisciplinary Journal of Research on Religion is no longer published by The Berkeley Electronic Press. |
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http://www.bepress.com/ijrr/vol1/iss1/art3
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| | Lying Media Bastards: Market Fundamentalism vs. Heliocentrism |
| | But using your own experience, it is stupid to think that "free market capitalism" is perfection achieved. | | | Trying to make an analogy between the Catholic Church's refusal to accept Galileo's theory that the Earth revolved around the sun, and conservative capitalists' refusal to consider the idea that the "free market" might not be perfect. | | | Last week I linked to an article called Log Cabin to White House? |
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http://www.lyingmediabastards.com/archives/000044.html
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| | Canadian Democratic Movement :: Alternative News Media on Democracy, Energy, Politics, Trade, Environment, Military and ... |
| | Whether it's religious, political, imperialist, nationalist or even market fundamentalism, believe it: we live in an increasingly fundamentalist world. | | | From suicide bombings in the Middle East to the rise of the far right in Europe, fundamentalism is no fringe enthusiasm but an increasingly mainstream and powerful force. |
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http://www.canadiandemocraticmovement.ca/books-index-bkid-82.html
(203 words)
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