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Agitate!
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Modern Capitalism
Another day, another Krugman column explaining how capitalism works: profits are privatized while risks are socialized. It's a system of private betting with public money.
Who wins?
Throughout the financial industry, executives received huge bonuses when they seemed to be earning big profits, but didn’t have to give the money back when those profits turned into even bigger losses.
Who loses? Do I even have to ask?
- By Professor Shortell at Jul 28 2008 - 11:20am
- Professor Shortell's blog
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In a democracy it is necessary that people should learn to endure having their sentiments outraged. -- Bertrand Russell
Let us strangle the last king with the entrails of the last priest. -- Denis Diderot
When one person suffers from a delusion, it is called insanity. When many people suffer from a delusion it is called Religion. -- Robert M. Pirsig
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