This book, printed in various formats and languages, is some indication of the fact that Milton Friedman's arguments have not lost currency in the 21st century, even though many people hotly contest their rights and wrongs. The old master of economics hardly wastes time in triggering a debate by stating in the very first chapter: "History suggests only that capitalism is a necessary condition for political freedom. Clearly it is not a sufficient condition."
Capitalism and Freedom has been derided, criticised and lauded in equal measure and for Friedmanites it remains the bible. Love him or hate him, the author himself was never one to shy away from controversy. In this book he has pened his thoughts on issues such as the control ... Read More:
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Everytime someone shoves me in the frozen food aisle at Sainsbury's, or I see a picture Gordon Brown smiling, or another 200 or 2000 troops get sent to Iraq - I think, "Screw it! I'm just going to stop contributing to this intoxicating globalised society and just go be a farmer for the rest of my life!" Well, it turns out you're just as subject to the banal horrors of Corporatism in overalls as you are in a business suit. This is good to realise, and encourages me to be a different/better kind of consumer in real life, not just in my dream world. Thanks Raj.
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Everytime someone shoves me in the frozen food aisle at Sainsbury's, or I see a picture Gordon Brown smiling, or another 200 or 2000 troops get sent to Iraq - I think, "Screw it! I'm just going to stop contributing to this intoxicating globalised society and just go be a farmer for the rest of my life!" Well, it turns out you're just as subject to the banal horrors of Corporatism in overalls as you are in a business suit. This is good to realise, and encourages me to be a different/better kind of consumer in real life, not just in my dream world. Thanks Raj.
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Robert Reich, President Bill Clinton's secretary of labor and one of the most provocative public intellectuals in the U.S., unflinchingly explores the transformation of American democratic capitalism into a system of "supercapitalism," in which corporations and the market exercise apparently unbridled power. Reich considers and then discards most, if not all, of the standard leftist explanations for this development. Instead, in a logically coherent analysis, he arrives at some startling but convincing conclusions. For example, arguing that the government should never treat corporations like people, Reich advocates eliminating the corporate income tax. getAbstract recommends this book to anyone who wants to understand today's economics, politics or fiscal events. ... Read More:
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When I was a young man training as an accountant (after previously completing an engineering degree), I began to get interested in philosophical, political and religious ideas.
Particularly after completing my accountancy examination, I began reading books on politics, philosophy, Christian theology, comparative religion and so on.
Having come from a mainly mathematical and scientific background, I naively thought at first that one only had to read up on each political and religious 'system' e.g. Christianity, Buddhism, Islam and so on and Conservatism, Liberalism and Socialism and then by subjecting them to rigorous logical analysis determine which one was the best. As anyone who has ever embarked on a study of these subjects soon realizes, ... Read More:
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A very comprehensive overview of the politics and economics of this new Mecca or Las Vegas of the Gulf. it is well worth a read and very interesting how little oil comes into this story compared to other GSS countries.
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A very comprehensive overview of the politics and economics of this new Mecca or Las Vegas of the Gulf. it is well worth a read and very interesting how little oil comes into this story compared to other GSS countries.
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A very comprehensive overview of the politics and economics of this new Mecca or Las Vegas of the Gulf. it is well worth a read and very interesting how little oil comes into this story compared to other GSS countries.
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Ann Pettifor's background appears to be in church groups campaigning for debt cancellation. Her take on debt, in particular third world debt, is primarily a moral one. This is right, as the question only has importance as it is a moral issue. She is also being proven right that, despite what the mainstream news will tell you, the debt crises are gradaully coming closer to the "first world" nations, and will inevitably occur there just as they have done everywhere else.
That said, her understanding of economics and history is a little shaky. In some cases this is only a minor problem, like saying Thatcher was PM in 1978, or the UK lost the Boer War. However, her account of Keynes is a bit mangled, and although she pitches for a moral Guardian-reader audience, her ... Read More:
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Ann Pettifor's background appears to be in church groups campaigning for debt cancellation. Her take on debt, in particular third world debt, is primarily a moral one. This is right, as the question only has importance as it is a moral issue. She is also being proven right that, despite what the mainstream news will tell you, the debt crises are gradaully coming closer to the "first world" nations, and will inevitably occur there just as they have done everywhere else.
That said, her understanding of economics and history is a little shaky. In some cases this is only a minor problem, like saying Thatcher was PM in 1978, or the UK lost the Boer War. However, her account of Keynes is a bit mangled, and although she pitches for a moral Guardian-reader audience, her ... Read More:
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