onsdag 9 april 2008

The end of the free market paradigm

Marxism was discredited by the end of the 1980s. The so-called ”Capitalist system” seems as if it will not outlast its former rival by more than twenty years or so. It is interesting how those who were arguing hardest for leaving things to the market have mostly gone silent in the face of desperate attempts by the US and British governments to prop up the private banking system now that it has gone to the bad.

How long will it take for the realisation to dawn that neither system works in people’s interests? And what happens after that?

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