The economic crisis, created largely by America’s behavior, has done more damage to these fundamental values [democracy & capitalistm] than any totalitarian regime ever could have. ...For those of you who have read my book, or taken my International Relations (PS 304) or International Political Economy (PS 404) classes, the argument will not surprise you: Hypocrisy in the face of failure does much to undermine your ideals.
You can read the entire post, with links to the Stigliz piece, here.
- Mark
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