Darwiniana

History, Evolution, and The Darwin Debate

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Stiglitz: unregulated capitalism

July 10th, 2011 · No Comments

http://www.redfortyeight.com/2011/07/10/evils-of-unregulated-capitalism/

Just a few years ago, a powerful ideology – the belief in free and unfettered markets – brought the world to the brink of ruin. Even in its hey-day, from the early 1980s until 2007, US-style deregulated capitalism brought greater material well-being only to the very richest in the richest country of the world.

Indeed, over the course of this ideology’s 30-year ascendance, most Americans saw their incomes decline or stagnate year after year

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Tags: Critique of Evolutionary Economy

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