Stiglitz

Doug Henwood dhenwood at panix.com
Thu Jul 13 11:00:20 PDT 2000


Charles Brown wrote:


>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.

10 or more years ago, Boris Kagarlitsky used the phrase "market Stalinism" to describe the architects of Russian transformation: "sacrifice today for a glorious future tomorrow!" was his gloss on the label.

Doug



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