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You mean they sat on the platform with you?

In the spirit of the Nobel season, Yasha Levine discusses the history of the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel as a PR gimmick for laissez-faire economics, and how its existence is an affront to the Nobel legacy.
posted by clarknova on Oct 26, 2012 - 26 comments

"In years of scarcity the poor labour more, and really live better.”

One thing the historical record makes abundantly clear is that Adam Smith and his laissez-faire buddies were a bunch of closet-case statists who needed brutal government policies to whip the English peasantry into a good capitalistic workforce willing to accept wage slavery.
Yasha Levine's detailed review of historian Michael Perelman's The Invention of Capitalism.
posted by clarknova on Apr 7, 2012 - 35 comments

Rich Finks

Mark Ames delves into the FBI documentation on surveillance of the Yippies and dredges up the anti-capitalist core of 60's radicalism.
posted by clarknova on Jul 10, 2011 - 28 comments