Display:
Isn't Manchester Capitalism the basis of the shareholder society, which can be regulated or not, but isn't an inherent evil of itself.

Everything you describe as fetures of Anglo-disease are exactly my understanding of financial neo-liberalism. It was certainly all done to Wall St long before it happened here. I'm not attempting to exonerate the City from the consequences of their greed, but simply saying "not invented here".

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Mon Apr 7th, 2008 at 11:39:09 AM EST
[ Parent ]
Ever heard of the South Sea Bubble?

When the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be ill-done. — John M. Keynes
by Migeru (migeru at eurotrib dot com) on Mon Apr 7th, 2008 at 11:45:32 AM EST
[ Parent ]
Good grief, what on earth has that to do with the City as it existed before Thatcher ?

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Mon Apr 7th, 2008 at 01:40:31 PM EST
[ Parent ]

Display:
Login
. Make a new account
. Reset password
Recommended Diaries
Clipping the wings of a judge
by Migeru - Feb 10
26 comments

Hunger March wins PR battle
by DoDo - Feb 9
3 comments

Romania: protests change government
by DoDo - Feb 8
6 comments

Murdoch - Outsourcing and Hubris
by ceebs - Feb 3
18 comments

Obama wins GOP Primaries (to date)
by Frank Schnittger - Feb 8
8 comments

Sarkozy: Enemies Ahoy!
by afew - Feb 10
6 comments

LQD: Unsustainable irrigation
by Melanchthon - Feb 9

Bristol Pound
by ChrisCook - Feb 7
14 comments

Recent Diaries
Sarkozy: Enemies Ahoy!
by afew - Feb 10
6 comments

Clipping the wings of a judge
by Migeru - Feb 10
26 comments

LQD: Unsustainable irrigation
by Melanchthon - Feb 9

Hunger March wins PR battle
by DoDo - Feb 9
3 comments

Obama wins GOP Primaries (to date)
by Frank Schnittger - Feb 8
8 comments

Romania: protests change government
by DoDo - Feb 8
6 comments

Answers to the Renewable Energy Consultation
by Luis de Sousa - Feb 7

Bristol Pound
by ChrisCook - Feb 7
14 comments

The Imitation Of Germany
by afew - Feb 4
31 comments

Strange Fruit
by Frank Schnittger - Feb 4
14 comments

Murdoch - Outsourcing and Hubris
by ceebs - Feb 3
18 comments

Mismatch with the Natural Gas Market
by Luis de Sousa - Feb 3
22 comments

The Future of Economics
by ARGeezer - Feb 2
191 comments

Desert Island Discs - Helen's distortions
by Helen - Jan 31
48 comments

Gorila
by DoDo - Jan 29
14 comments

Rail News Blogging #7
by DoDo - Jan 29
15 comments

Obama's State Of The Union: LQD
by Crazy Horse - Jan 25
74 comments

Democracy Technology
by gmoke - Jan 24
1 comment

The Hydrogen dream
by Luis de Sousa - Jan 24
49 comments

ET Paris Meet-Up 2012 (2 UPDATE)
by afew - Jan 23
113 comments

More Diaries...
Occasional Series