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July 24, 2007

Is Anti-Capitalism Growing?

Interesting, brief, post at Jim Cornwall's The Entrepreneurial Mind by the same title.

In his post he cites a poll by the UK's Financial Times saying it is...

I think the pendulum seeks a balance. It  seems less an anti-capitalist bent than an anti-obscenity or anti-excessive bent. Someof the excesses displayed by the leaders of the tyco's and Worldcom's and Enron's around the world, to name but a few, have been egregious, hoggish, excessive, even obscene...when compared with the low wages,  miniscule benefits, and the resulting the lifestyles, the living conditions, they've required their servants (employees) to endure in order to for them to have their lavish lifestyle.

My read on this growing sentiment is that it's less about what people make than about how they got  there and how they're staying there. 

Extremes on either side ultimately are unproductive. But a bit of balance...never hurts.

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