Thursday, March 19, 2009

What was once not so radical a notion

"The decadent international but individualistic capitalism, in the hands of which we found ourselves... is not a success. It is not intelligent, it is not beautiful, it is not just, it is not virtuous--and it doesn't deliver the goods. In short, we dislike it, and we are beginning to despise it. But when we wonder what to put in its place, we are extremely perplexed."

John Maynard Keynes, "National Self-Sufficiency," The Yale Review, Vol. 22, no. 4 (June 1933), pp. 755-769..

Via "Keynes, Capitalism, and the Crisis", John Bellamy Foster Interviewed by Brian Ashley, Co-Managing Editor of Amandla...

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