Sunday, August 24, 2008

Basically Evil Men

"How does the liberal elite view entrepreneurs and business leaders? It seems to me that they view capitalists as a group of basically evil men, inclined to exploit workers and rip off consumers. It would be better if we could do without capitalists, but they are ok as long as good guys from the liberal elite are in power, delegating tasks to markets only when appropriate and regulating capitalists to control their excesses."

Economist Arnold Kling at Econlog.

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