Ken: > It is rather wild though to call government spending to save a capitalist > economy socialist.
it may be wild, but it's rather common in the US. Peter Temin, who's a relatively smart (though orthodox) economic historian, once referred to "socialism in many countries" to refer to statist responses to the failure of capitalism during the 1920s & 1930s. This included FDR's New Deal. -- Jim Devine / If you're going to support the lesser of two evils, you should at least know the nature of that evil. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
