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Capitalism Isn't Dying

Anonymous908 Wrote: Apr 02, 2013 5:05 PM
Good read. I think one of the problems is that many falsely beleive that what we have now is unabridged capitolim. What we really have is crony capitolism, whith a bunch of regulation mixed in there.
Texas Chris Wrote: Apr 03, 2013 8:56 AM
I don't even like to attach the word "crony" to capitalism. It implies there is a similarity between the two words, and there is not.

The instant a "capitalist" turns to government for assistance, he ceases to be a capitalist, and becomes a crony.

PARIS -- Be careful about how you interpret what you're seeing, as your eyes might be deceiving you. That's the advice I offered viewers the other day on Russia's global TV network's flagship program, "CrossTalk," when explaining that capitalism isn't facing any sort of crisis, but rather is just being subverted by socialists, Wall Street con artists and various anti-capitalist wishful thinkers who are corrupting the once-straightforward relationship between work and benefit.

It has become common to describe the now-defunct Occupy Wall Street movement as a rebellion against the perceived failure of capitalism. The Occupy movement fizzled out largely because the...