Re: [Pen-l] Naomi Klein: Beware of Obama's Chicago School of Economics boys

["Max B. Sawicky" <sawicky@xxxxxxxxxxx>]

Stabilization is hard work, but via regulation does not seem completely 
intractable.
Secondly, social insurance can reduce the adverse impacts on people.

Regarding "Chicago," Rubin/Hamilton/Furman/Goolsbee are focused on this,
not necessarily with the best remedies, but focused nevertheless.  The
real Chicago types are devoted to arguing why less rather than more
should be done.  That is what is so annoying about Klein.  Instead of
preparing the ground for people to consider remedies, she is elevating
this "free market" chimera that is being eased out of power, as we speak.




ravi wrote:
. . .
> If capitalism has "deep-rooted underlying crisis tendencies" then it is 
> not possible to "stabilize" it, yes? Pointing to the cyclicality is an 
> attempt to show that the liberals are wrong -- that the ravages of the 
> cycles are inevitable and cannot be stabilised and regulated while still 
> reaping the other "benefits" of capitalism.
_______________________________________________
pen-l mailing list
pen-l@xxxxxxxxxxxxxxxxxx
https://lists.csuchico.edu/mailman/listinfo/pen-l