Capitalism

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- Interview with Nobel Laureate Muhammad Yunus: 'Capitalism Has Degenerated into a Casino'
  Posted by Jeff from Spiegel
  Nobel Peace Prize laureate Muhammad Yunus says that greed has destroyed the world's financial system. SPIEGEL ONLINE spoke with him about the profit motive, social consciousness and what should be done to end the financial crisis.
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- The New Socialism: Fed announces deal to take over ailing AIG
  Posted by Jeff from MSNBC
  In a bid to save financial markets and economy from further turmoil, the U.S. government agreed Tuesday to provide an $85 billion emergency loan to rescue the huge insurer AIG. The Federal Reserve said in a statement it determined that a disorderly failure of AIG could hurt the already delicate financial markets and the economy.
  1 comment
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- Virtual Success for your Teenager
  Posted by marcuscrockett2
  Trying to figure out how to teach your teen about capitalism? Believe it or not, the answer might be a video game.
  Post a comment
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- 'Suicide is Painless' fraudster turns himself in
  Posted by marcuscrockett2 from USA Today
  Now wait a second...Where is Neal Boortz when you need him? Here is a example of fraud, waste, and crime in the private sector that we think can solve all of our problems. Somehow he will blame the hedge fund abuse, the Enron fraud and the Worldcom fraud on the evil government. Greed exists in capitalism as well and it tends to hurt a greater number of people than the waste that occurs in the government. Just about everyone's portfolio has been hurt by the Enron and Worldcom disaster. Pure capitalism will just allow the businessmen to take over and rape the nation. You can try but you can't legislate morality, people will waste money and make bad decisions regardless of the economic system.
  1 comment
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- Bad Cow Disease
  Posted by angliss from New York Times
  Paul Krugman of the NYTimes suggests that, instead of getting government out of the way of capitalism RE: food and pharmaceutical regulations, we need to go back to the good-old days when the federal regulators charged with food and drug safety actually ensured that our food and drugs were safe.
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- Bill Gates touts 'creative capitalism' in Economic Forum speech
  Posted by Jeff from Seattle Times
  "I'm an optimist, but I'm an impatient optimist," he said to the standing-room-only crowd. "The world is not getting better fast enough, and it's not getting better for everyone."
  1 comment
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- Bill Gates Issues Call For Kinder Capitalism
  Posted by Jeff from Wall Street Journal
  Three weeks ago, on a flight home from a New Zealand vacation, Mr. Gates took out a yellow pad of paper and listed ideas about why capitalism, while so good for so many, is failing much of the world.
  1 comment

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srebrenicagenocideinfo comments on:
The New Socialism: Fed announces deal to take over ailing AIG

How can the U.S. Government bail out AIG when in fact, the U.S. government cannot even bail itself from three trillion debt?

Reply »
11:57 pm 9/16/08
muckraker comments on:
'Suicide is Painless' fraudster turns himself in

One of the many tragedies of the aftermath of Hurricane Katrina three years ago was the fact that insurance companies used the event to systematically deny claims, leaving victims further in desperate straits. That shouldn’t happen following any natural disaster, and even though the immediate storm effects did not cause as much damage as predicted, there are sure to be plenty of claims for flood damages throughout the Midwest and along Gustav’s path. If you or someone you know has been denied an insurance claim related to Gustav: that would be a site you should visit.

Reply »
9:27 pm 9/11/08
Jeff comments on:
Bill Gates touts 'creative capitalism' in Economic Forum speech

Microsoft and Dell to offer RED PC. Be sure to read the criticism of Product RED stuff here.

Reply »
6:11 pm 1/24/08
Jwgardner comments on:
Bill Gates Issues Call For Kinder Capitalism

I honestly never would have predicted such thinking from BG several years ago.

What I want to see now is the staunch capitalist’s response to such thinking. Maybe the Economist will have something (dismissive and venomous, as usual) to say about it…

Reply »
11:56 am 1/24/08
j1o2n3a4s5 comments on:
Iraqi Civilians incl. Children Mutilated by Coalition

http://www.albasrah.net/en_articles_2007/0907/iraqiresistancereport_060907.htm

Reply »
5:56 pm 9/08/07