Need for rebuttal?

April 2024 Forums General discussion Need for rebuttal?

Viewing 1 post (of 1 total)
  • Author
    Posts
  • #83274

    http://www.bbc.co.uk/news/business-30378297

    Someone might want to listen in.

    Quote:
    This is something that Mark Blyth, professor of international political economy at Brown University, echoes: "We don't really do capitalism.

    "So to think about banking you can run a business model which is an extortion racket against the taxpayer. If the risks [go wrong] you can't be allowed to fail so you have a brilliant business model. That's not capitalism – that's extortion. I think capitalism is a great idea. It's just that the version we end up with isn't capitalism."

Viewing 1 post (of 1 total)
  • You must be logged in to reply to this topic.