Has capitalism failed?

Ludwig von Mises Institute
by US Rep. Ron Paul (R-TX)

It is now commonplace and politically correct to blame what is referred to as the excesses of capitalism for the economic problems we face, and especially for the Wall Street fraud that dominates the business news. Politicians are having a field day with demagoguing the issue while, of course, failing to address the fraud and deceit found in the budgetary shenanigans of the federal government — for which they are directly responsible. Instead, it gives the Keynesian crowd that runs the show a chance to attack free markets and ignore the issue of sound money... (writtem 07/02; posted 04/16/08)

http://mises.org/story/2895


Informant: Thomas L. Knapp

--------

A Structural Crisis of Capitalism

In an interview with Humanite's Benoit Pradier, French economist Michel Husson explains why the global economy will not look the same after the current crisis.

http://www.truthout.org/docs_2006/041708G.shtml



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