Greed, Socialism and the Free Market
…t is; it’s hard to say. Such claims take as a given that 1) we know what a free market is, and how it is that we allegedly still have one (if we ever did); and 2) we know what socialism is, and why it is a bad thing. While I once thought I knew what the answers to these questions were, I am no longer certain that I do. The current crisis has driven the point, like the lesson, home. In 1989 and its aftermath, when the United States allegedly “won t…
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