Sunday, January 25, 2009

Anti-Capitalism abouds at world economic summit

A couple of quotes from the world economic forum:

"This may be the first Davos where capitalism is widely viewed as a failure, rather than something to be admired," says Ethan Kapstein, professor of economics and political science at French business school Insead, who has been going to Davos since 1994.


"The capitalist myth is lovely and youthful. It kicked off the industrial revolution, but maybe we need a new one," says Richard Olivier.

If this is how the world is starting to think (and it certainly seems like it is), then it's headed down a very dark and dangerous path.

As Ayn Rand would say: Who is John Galt?

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