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Thursday, November 20, 2008

The G-20 Summit: A Vote of Confidence for Capitalism?

The global financial crisis has produced a wide array of critics, but no pairing has been stranger than what you might call the capitalism-in-crisis coalition. Anti-government ideologues on the right and anti-business activists on the left are both arguing that capitalism is under threat, though from very different forces. The right-wingers fear that federal market intervention is just the tip of a socialist spear, while the left-wingers gleefully declare that the crisis is proof of capitalism's inherent failure. . . . . read more

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