Capitalism defends itself

[Rakesh Bhandari]

>>you (Doug Henwood <dhenwood at panix.com>) wrote:
>>
>>>Stossel once described his journalistic mission as explaining the beauties
>>>of the "free market" to the public.
>
>Stossel ain't half the man that Mrs. Marcet or Miss Martineau were (see Guy
>Routh The Origin of Economic Ideas on how these two 19th century writers
>popularized the lessons of political economy for the working man). Stossel
>is just a snide idiot. Sorry to raise the decadence problem, but really
>with Stossels as popular apologists bourgeois society has no future.
>
>yours, rakesh

One more thing, I once  delivered a paper at a literary conference on
Bharati Mukherjee's novel Jasmine. I argued that Jasmine actually was
Schumpeter's Gale of Creative Destruction and Mukherjee was a new Miss
Martineau trying to popularize the virtues of Schumpeterian creative
destruction--then the buzz word of all bourgeois apologists. The literary
critics do not seem to understand the basic message of Mukherjee's novel as
they play with Derridean and post colonial concepts to try to make sense of
a rather straightforward novel.

yours, rakesh