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Indeed Ellen. But this is a forced set of dichotomies. An ideology does not describe the systems in practice. As Michael Harrington observed; "In America you have socialism for the rich and free enterprise for the poor". Not to mention how Capitalism has evolved into Neofeudalism and is now headed to FULL FRONTAL FASCISM.

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Greg Daneke, Emeritus Prof.
Greg Daneke, Emeritus Prof.

Written by Greg Daneke, Emeritus Prof.

Top Economics Writer, Gov. service, corp consulting, & faculty posts (e.g., Mich., Stanford, British Columbia). Piles of scholarly pubs & occasional diatribes.

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