Sir Michael Howard, whose work I admire, criticizes market capitalism as a cause for widespread instability,
yet says that, in effect, it must insure that there are no losers in the globalized market economy.
Good luck.
Isn't that, after all, what 'capitalism' usually means by implication, the creation of winners versus losers by market forces?
http://www.youtube.com/watch?v=kQzgnYRqLsc
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