Nationalising banks is profoundly anticapitalist. I should think old school marxists and redistribution-bunnies like me are cock-a-hoop about these first steps to finding a financial system which is not based on theft and casino-gangster thuggery. Nice to see the US leading the way in this - although, in their case it's the gangsters who are (still) calling the tune. I sometimes think that the whole of America is run on the lines of organised crime.
Your analysis is spot-on Dear Boy. I blame Thatcher and Reagan (and Freidman) for the whole bollocks-up.
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timeasmymeasure
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Date: 2008-10-14 09:35 am (UTC)Your analysis is spot-on Dear Boy. I blame Thatcher and Reagan (and Freidman) for the whole bollocks-up.
'Monetarism' ! Ha !