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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: elmatador who wrote (40877)11/5/2003 5:32:39 AM
From: Raymond Duray  Read Replies (1) of 74559
 
elmat,

Re: Capitalism will find its Berlin Wall if it doesn't change.

Capitalism is blind, drunk, stubborn and utterly incapable of reforming itself. By its very nature it is self-destruction at its essence.

It is only saved from its excesses by the intervention of countervailing forces; eg. governments, regulators, unions, inflamed public opinion, court decisions, etc.

Capitalism on its own is simple mindless piggishness.
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