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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Hugh A who wrote (28244)1/30/2003 11:01:28 AM
From: Raymond Duray  Read Replies (2) of 74559
 
Hugh,

Re: but I don't think you get there by taking down capitalism.

I've never suggested such a thing. I've railed against the corruption of our present collaboration of State and Corporations. This is what Benito Mussolini understood very well:

"Fascism should rightly be called Corporatism as it is a merger of state and corporate power."

This is the essence of the U.S. system today. I'm a huge fan of mixed economies. And the separation not only of church and state, but also of corporations and the state.

Of course there is room for the dynamism that capitalism introduces. But no one should be deluded to think that it is anything other than a heartless dog-eat-dog system that creates vastly more losers than winners in society if unchecked by social constraints.

You African snake story is distressingly shallow and jingoistic. I'm disappointed. The real story is vastly more complex. Try to wrap your mind around these concepts if you can:

michaelparenti.org

This is one of the best analyses I've ever seen on the Iraq strategy of the Evil Empire, Inc.(TM) Pat. Pend.

Salaams, Ray
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