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The End of Free-market Fundamentalism?

Amid the chaos and chatter about this week`s financial bailout, one clear theme emerged in some quarters: The era of free-market fundamentalism is over. But is it, really?

posted by Sarastro
10/2/2008 7:57:38 PM

Views: 10660

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Tags Tags: free market crisis american news project

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3 Comments

Current View: 15 / Show all Comments

Flynn_2006 : LVL 43: VP 5: said:

Hidden (Show Comment) 2 votes

425 days 11 hours ago...

They voted down the bailout bill in congress as of 1:45PM 09/29/2008. 226 nay, 207 yea as of right now.

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Sir spanks-a-lot : LVL 38: VP 4.6: said:

Hidden (Show Comment) 1 votes

424 days 1 hour ago...

finally, those guys had no choice but to listen to the people that they represent...
a shame when you think about it... this should be going on ALL THE TIME!

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kilopop19 : LVL 37: VP 4.5: said:

Hidden (Show Comment) 0 votes

421 days 7 hours ago...

no, the crisis was caused by goverment spending that devalued the dollar and the federal reserve`s tampering with the market, in a pure free market system (and not this crony capitalism the american government loves so much) we wouldn`t have problems like this

in times of a crisis the public is to willing to blame freedoms for the problems when it always traces back to the government, we blamed presonal freedoms, and we get the Patriot Act and we are blaming the free market and we will get socialism

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