Maybe the WSJ and Krugman are collaborating?
REH http://www.nytimes.com/2013/04/29/opinion/krugman-the-story-of-our-time.html ?hp From: [email protected] [mailto:[email protected]] On Behalf Of Arthur Cordell Sent: Sunday, April 28, 2013 10:59 AM To: 'RE-DESIGNING WORK, INCOME DISTRIBUTION, EDUCATION' Subject: [Futurework] Capitalism is killing our morals, our future - MarketWatch From: [email protected] [mailto:[email protected]] On Behalf Of Steve Kurtz Sent: Sunday, April 28, 2013 6:48 AM Subject: [Ottawadissenters] Capitalism is killing our morals, our future - MarketWatch The nanny state went too far in the other direction, but he is correct about much here in my opinion. Steve excerpts: Unfortunately, we never had that debate during the 30-year rise of "market triumphalism. As a result, without quite realizing it - without ever deciding to do so - we drifted from having a market economy to being a market society." And "the difference is this: A market economy is a tool ... for organizing productive activity. A market society is a way of life in which market values seep into every aspect of human endeavor. It's a place where social relations are made over in the image of the market." The difference is profound. The good professor is a great teacher, with only one glaring flaw in his logic: he's too idealistic, too quixotic. You don't have to be a fatalist to know that without a total economic collapse, market capitalists - including 1,426 billionaires, Wall Street bankers, hedgers, lobbyists and every other special interest getting rich off the new market society - will never voluntarily surrender their control over the American political system. Rather, they will blindly continue down their self-destructive path with an absolute conviction they are divinely guided by the Invisible Hand of Adam Smith, and perhaps even God. Meanwhile, we have no choice but wait patiently till the collapse, anxiously aware that our bizarre political system will just keep degrading America's moral values, pricing, buying, selling, trading morals like commodities, because in the final analysis everything has a price and everyone has a price in our hot new exciting Market Society. http://www.marketwatch.com/Story/story/print?guid=01AA1916-AEA6-11E2-BA04-00 2128040CF6 __._,_.___ <http://geo.yahoo.com/serv?s=97476590/grpId=15209059/grpspId=1705083512/msgI d=24274/stime=1367146089> __,_._,___
_______________________________________________ Futurework mailing list [email protected] https://lists.uwaterloo.ca/mailman/listinfo/futurework
