I thought that your explantion of welfare capitalism was perfectly clear.  
to have only one objection on the list is some kind of record.

On Fri, Jan 22, 2010 at 10:27:09PM -0500, Louis Proyect wrote:
> Michael Perelman wrote:
> >I do not consider Ragu a troll.  I do not agree with him here,
> >although I usually do.  Nor do I understand why he insists on his
> >position here.
> >
> 
> I guess I am just fed up with being bombarded by capitalist
> propaganda everywhere I turn. The Internet serves as an alternative
> to TV, radio, newspapers and the gab I hear at work. So it is
> somewhat aggravating to hear arguments on behalf of capitalism here.
> I guess that as long as PEN-L retains its big tent outlook, I have
> nothing to complain about although I am not going to waste time
> trying to explain what's wrong with capitalism.
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-- 
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
michaelperelman.wordpress.com
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