In his last book "The Future of Capitalism" Thurow is deeply pessimistic and has a chapter comparing the present to the Dark Ages--total breakdown of public goods. He writes "Internal reform is very difficult in capitalism, since it has a set of beliefs that deny the need for conscious institutional reforms." Ironically, he flat out says capitalism needs a coherent competitor on the left in order to be prodded into making the reforms he wants. Thad At 05:52 AM 9/9/97 -0700, Phil Kraft wrote: >It does seem remarkable (or at least noteworthy) that mainstream >economists and business gurus are publicly fretting about the political >consequences of globalization and winner-take-all capitalism. The >latest expression is in a column by Lester Thurow in today's Boston >Globe. Thurow, the former MIT management school dean, sniffs a >neo-fascist backlash. Such talk a few years ago was reserved to the >hysterical left. Now even the WSJ occasionally casts a worried look >over its shoulder. > >I have a digital version of Thurow's column if anyone wants it. > >Phil >Content-Type: text/x-vcard; charset=us-ascii; name="vcard.vcf" >Content-Transfer-Encoding: 7bit >Content-Description: Card for Philip Kraft >Content-Disposition: attachment; filename="vcard.vcf" > >Attachment Converted: C:\INTERACT\data\download\vcard.vcf > Thad Williamson National Center for Economic and Security Alternatives (Washington)/ Union Theological Seminary (New York) 212-531-1935 http://www.northcarolina.com/thad
