Talk:A Tale Of Two Totalitarians

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Research

• The Capitalist Threat: What kind of society do we want? "Let the free market decide!" is the often-heard response. That response, a prominent capitalist argues, undermines the very values on which open and democratic societies depend.

Excerpt: "Stability [in the financial markets] can be preserved only if a deliberate effort is made to preserve it. Even then breakdowns will occur, because public policy [like laissez-faire economic theory] is often faulty. If they are severe enough, breakdowns may give rise to totalitarian regimes."