[Pen-l] Walden Bello on the coming capitalist consensus

["Charles Brown" <charlesb@xxxxxxxxxxxxxxxxxxxxx>]

Patrick Bond: Here's a recent argument against this kind of hubris, comrade Charles: www.counterpunch.org/bond12262008.html 



A Dangerous Period 
End of Neoliberalism? Sorry, Not Yet 
By PATRICK BOND 

Those who declare that the Great Crash of Late 2008 heralds the end of free market economic philosophy - "neoliberalism" for short - are not paying close enough attention.

^^^
CB: What you should say is that it demonstrates  irrefutably that the US system is in fact _not_ a free market system, but rather a monopoly system.  That's the first important conclusion that left economists should draw from these events. The free market "worldly philosophers" have been exposed as wearing no clothes.  It doesn't matter what the bourgeois economist _say_, philosophize. The bourgeois economy is not "doing" free market.



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