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Posted: 4 December 2008

To me is its not about socialism VS capitalism...its a morph from capitalism towards but not to socialism.

I also think the Gov management model is not yet proven. In USA infrastructure is sadly lacking or unmaintained etc. Basic banking and comms may be free and better for all but will that serve as the backbone for major economic activity? It may enable basic services for many more and thats good but can it serve massive corporations needs?

Individuals demand more predictability - nations get unexpected growth
Dateline: 9 March 2013
The stark economic reality has even sidelined the annual Davos jamboree: US$ 8 trillion has been pumped into world financial systems; banks and a large part of the West's auto industry have been nationalized; interest rates have been cut to virtually zero - the lowest levels in history; unemployment is still rising rapidly and there seems to be no end to the negative legacy of ...
Doug Vining Feb. 23 (Bloomberg) -- Billionaire investor George Soros said the current economic upheaval has its roots in the financial deregulation of the 1980s and signals the end of a free-market model that has since dominated capitalist countries.
Posted: 24 February 2009 at 08:37
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