03 March, 2012

Capitalism vs. Corporatism, Again

I've expressed my disapproval of the current usage of the term "capitalism" several times before on this blog. My recent perusal of "Project Syndicate" updates led me to this article, which upholds my basic point, but elucidates it in much more economically savvy language than I would have been able to come up with. Capitalism vs. Corporatism. A rather important distinction to be able to make.

1 comment:

Charlie "Chaz" Mooney said...

I came across your page by clicking next blog. I appreciate the distinction you make between corporatism and capitalism. This really helps to give me some conceptual handles for understanding my own view.