>>> dhenwood at panix.com 07/12/00 09:21AM >>>
[better late than never]
Barron's - April 17, 2000
Sound the Alarm
Economist James Stiglitz rips Washington's "market Bolsheviks"
By JAMES NORTH
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Stiglitz uses the term "market Bolsheviks" to describe the advisers who helped bring Russia to its economic knees in the 1990s -- people who believed fervently in a rigid fundamentalist doctrine and tried to force an entire society to conform to it, just as their central planning predecessors had done back in Lenin's day.
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CB: Some real loopity loop anti-communism here. Stiglitz, an anti-communist ,wants to have his cake and eat it too. Communism is dead, the Bolsheviks long gone. Oh , except the failures of one of the ultimate institutions of capitalism , the IMF, can't be criticized as capitalism. Capitalism must be portrayed as good no matter what. Lets pin it on Bolshevism ! .Stiglitz of Bullshitism.