On Tue, 2 Jan 1996, Ed Carp wrote: Duncan Frissell wrote:
It used to be said that no country would be allowed to move from Communism to Capitalism. It can now be said that it is inconceivable that a modern country will move from a Market to a Command Economy. Market discipline is strong.
Tell that to folks in the contries of used-to-be-Russia. Lots of old Communist leaders getting back into power - some folks are even saying that the old days under the Communists were better than living in a free market economy.
Never underestimate the value of human stupidity and shortsightedness.
In other words: If people dump communism for capitalism, it shows how the free market will always triumph, and if people dump capitalism for communism, it shows how stupid and shortsighted humans are. Hmmmm... --Dave. -- Dave Mandl dmandl@panix.com http://www.wfmu.org/~davem