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Ainda a crise

por Paulo Soska Oliveira, em 28.10.08

" Pure capitalism prevailed in 1915-1929, my own childhood days.

Who killed it? Republican President Herbert Hoover and his billionaire secretary of the treasury, Andrew Mellon , were guilty before and after the fact.

 

Who brought it back to life? Franklin Roosevelt's middle-way New Deal did that. But it did take seven years after Roosevelt's March 1933 Inauguration Day to do it.

 

Let me fast-forward to the present worldwide financial bust-up.

Unregulated market systems eventually will do themselves in.

 

Marx, Lenin and Stalin were village idiots as economists. Mao was even worse. Let's try to forget about Castro in Cuba, Chavez in Venezuela, and whoever it was who reduced North Korea to starvation and stagnation.

 

What then is it that, since 2007, has caused Wall Street capitalism's own suicide? At the bottom of this worst financial mess in a century is this: Milton Friedman-Friedrich Hayek libertarian laissez-faire capitalism, permitted to run wild without regulation. This is the root source of today's travails. Both of these men are dead, but their poisoned legacies live on."

 

Muitas mais palavras de Paul Samuelson (sim, esse mesmo), aqui.

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publicado às 22:07





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