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Used : False Dawn: The Delusions of Global Capitalism
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False Dawn: The Delusions of Global Capitalismby: John Gray August 08, 2002 |
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John Gray argues global capitalism is an unworkable, unattainable, unrealizable economic delusion. There are several reasons for this. Among them:
1. A free market is antithetical to democracy. A democracy where everyone has a say will never want a fully fledged free market because the losers will always outnumber the winners. 2. People will never be happy in a free market because the stress in their lifes will be too high as a result from the uncertainties of the free market. 3. The free market neglects human needs for social identity and social security. This means people will have no sense of loyality to state or political edifices. Lassez faire economics can only inevitably self implode. In his polemic, he ... Read More: >>More Details |
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