"Road Rage!" wrote in message
...

"Capt. JG" wrote in message
easolutions...


This the Univ. of Chicago style of argument that has been shown over and
over to not work (if you're interested, there are lots of examples out
there, the justification for Iraq war included). Capitalism must be
moderated with a societal safety net in order to take full advantage of
its benefits. "Pure" capitalism doesn't work as advertised.

Where has it been shown not to work? Give one real example of a laissez
faire economy that demonstrated this over at least a two decade span. Tell
us what "working" is.

Well, sockpuppet, I suggest doing some reading. I'm sure you're head will
explode, but Naomi Klein wrote a very nice book about it... Disaster
Capitalism.

Capitalism can have and has had private safety nets without government
intervention.

Can and does/have are two different things.

What is "pure" capitalism and were has it existed?

Unfettered capitalism. No gov't rules/regs. It hasn't existed, but it's been
attempted. Chile comes to mind under that paragon of humanity Pinochete.
Even he couldn't do it, although he tried.

What schools of economic thought preceded the "University of Chicago"
style of argument on which the U of C arguments are based?

Keynesian... http://en.wikipedia.org/wiki/Keynesian_economics

Vs. http://en.wikipedia.org/wiki/Milton_Friedman

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"j" ganz @@
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