Monday, May 11, 2009

Freedom, YES! Capitalism, NO!

Great piece on NPR over the weekend, backing up what many of us have been saying for years: in a Capitalist society, you MUST have regulations, because greed trumps all else; Capitalism begats greed. Simply, people cannot be trusted. Therefore, they must be regulated. Until two years ago, Judge Richard Posner was a diehard 'free markets' guy. Our current recession/depression has woken him up. Click here or click on title of this post to hear the 5 minute interview. - sj

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