[lbo-talk] Amity Shlaes on Charlie Rose last night, and WashPo piece on "New Int'l Capitalism"

B. docile_body at yahoo.com
Mon Nov 17 06:35:14 PST 2008


[The author of this WashPo piece, Steven Pearlstein, was on Charlie Rose last night with ... AMITY SHLAES!!

Good fucking God -- aren't her 15 minutes over yet? Why, Daily Show, why?? Can't she go the way of Joe the Plumber? Thankfully Pearlstein sorta shut her down, but there she was, milking her 15 minutes, debunking FDR, the New Deal, and basically being a good little Randroid, robotically preaching the mantra, "PRIVATE SECTOR GOOD, PUBLIC SECTOR BAD," claiming all our present ills redound to too much or to muddled regulation, and not to deregulation, and the reasons Europeans might have it worse is because their public sectors are too meddlesome! Die, Amity die!

Biggest laugh of all is Bernhard Henri-Levy once saying the Charlie Rose show was some left wing bastion on the airwaves! ha! -B.]

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http://www.washingtonpost.com/wp-dyn/content/article/2008/11/13/AR2008111303901.html?hpid=sec-business

Toward a New International Capitalism

By Steven Pearlstein Friday, November 14, 2008; D01

"This is a decisive moment for the global economy," President Bush declared yesterday in New York as leaders from the 20 largest economies headed toward Washington for an emergency meeting on the unfolding global economic crisis.

It's not only a decisive moment for the economy, but it's the most decisive moment for American-style capitalism since July 1944, when, after 22 days of negotiation at a remote lodge in the White Mountains of New Hampshire, leaders of 44 nations emerged with the blueprint for a new world financial order based on the principles of free markets, free trade and the free flow of capital.

Although things have evolved considerably since that confab at Bretton Woods, the United States has remained the world's most successful economy, and the rest of the world has moved, by reason of its example and its prodding, toward an embrace of its economic model.

Now that is about to change.

[...]



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