Saturday, October 04, 2008

the bailout is capitalism murdering democracy:

David Sirota says the bailout is capitalism murdering democracy: "The United States has always struggled to balance its capitalist economy with its democratic ideals. We've spent the last many years telling ourselves that the two go hand in hand, only to watch capitalism thrive in China in the absence of democratic freedoms. Indeed, if there's been any lesson the last few years, it is that authoritarian capitalism - rather than democratic capitalism - may be the dominant ideology of the 21st century. And as I write in my newspaper column this week, that ideology may be coming to America."

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