A British academic explains the failures of capitalism from a Marxist perspective. As The Anchoress notes, it's an appealing video. But the attractive "Marxist Perspective" somehow produced the most repressive, murderous ideology in human history, despite the beauty of "pure" Marxist theory. Consistently, wherever it was tried. And academics don't seem much interested in this. This incurious attitude leads me to believe that avoidance of tyranny is far less important than the pursuit of equality in their minds. And totalitarianism can be tempting to the benevolent.
Reason Magazine explains from a libertarian perspective why the new Federal financial reforms won't work. Two minutes, featuring tax cheat and Obama financial guru, Timothy Geithner.
Milton Friedman's classic discussion of Greed with Phil Donahue.
Literary Imagination
19 hours ago
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