Thursday, September 15, 2011

Chris Whalen vs. Nouriel Roubini on Karl Marx Being Right

Chris Whalen : "Marx created the term 'capitalism'. It's a pejorative, insulting description that says all economic activity is a matter of greed," . "If you're any sort of libertarian. If you believe in American principles of democracy and free enterprise, just the fact we use the term 'capitalism' should insult you. We need new labels." Whalen explains

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