>
> On 13/10/2013, at 11:22 AM, Michael Smith <mjs at smithbowen.net> wrote:
>
> >> I wonder whether it might not be taking it a bit too far to
> >> suggest that what he calls "rentier" capitalism could be a stable
> >> economic system?
> >
> > Has there ever been such a thing as a 'stable economic system'?
>
> I stand corrected. "Viable" economic system then.
Not to quibble even more, but I have no idea what 'viable' even means in this context. 'Stable', at least, I understand.
I don't intend all this by way of picking nits, but I sense unexamined assumptions hovering in the wings.