January 24, 2010

Instability Energizes Capitalism

Instability Energizes Capitalism


Observing all the ways in which business proves to be an endlessly renewable resource is enough to make the intellectual heirs of Karl Marx reach for the Pepto-Bismol. Easterbook quotes one of them, the Marxist philosopher Slavoj Zizek, who notes, “Capitalism is the sole organizing structure in world history that is rendered stronger by its own instability. This is part of the genius of capitalism. Instability does not cause it to collapse.”’

http://www.nypost.com/p/news/opinion/opedcolumnists/don_panic_because_american_innovation_0rT4nuuyZGU8cJb0Sbwn5H

Don't Panic: because American innovation will save the economy
Kyle Smith
New York Post
Last Updated: 9:21 AM, January 17, 2010
Posted: 1:24 AM, January 17, 2010

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