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All forms of economic organization should be looked at as tools through which an uncorrupted representative democracy can best manage a society's political and economic life. We have enough experience to know, with absolute certainty, that the best way to organize our economies is not with 'pure capitalism' or 'pure socialism' (whatever those two phrases mean).

The public needs to emphatically reject, NOW, the either/or approaches that the Trotskyists and laissez-faire-ists are associated with. But we haven't, in fact the laissez-faire ideologues decisively dominate both the Democratic and Republican parties here in the States, as well as virtually all economics departments (where the common sense I've outlined in the preceding paragraph is often outright banned as 'un-economic'). This nightmare reality is not nearly enough different in Europe.

fairleft

by fairleft (fairleftatyahoodotcom) on Thu Dec 17th, 2009 at 01:29:26 PM EST
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