During a teach-in at Zucotti Park, the site of the occupation, Nobel Laureate Joseph Stiglitz explained that what Wall Street is practicing is “not capitalism.” “We are bearing the costs of their [bankers'] misdeeds,” he said. “There’s a system where we socialize losses and privatize gains. That’s not capitalism. That’s not a market economy. That’s a distorted economy, and if we continue with that, we won’t succeed in growing.”
Is this like Berman said on his blog, they want a fair share of the pie - not a different pie. I take it that's why you quoted about "growth" as if that was still a viable goal. Or am I barking up the wrong tree?
Posted by: Brett | 10/05/2011 at 12:44 AM