[R-G] Viewpoints: Where now for capitalism?

[Anthony Fenton]

http://news.bbc.co.uk/2/hi/business/7621771.stm

Viewpoints: Where now for capitalism?

Stock markets are plunging and investment banks collapsing. What does  
this mean for the future of capitalism? Do we need more regulation or,  
indeed, less? Can bank mergers save the day? Leading economists and  
analysts give their views.


Noam Chomsky
"The unprecedented intervention of the Fed... reveals, once again, the  
profoundly undemocratic character of state capitalist institutions"
Noam Chomsky
Linguist and political theorist: h

Tony Benn
"This is a failure of a system where we relied on the markets and  
excluded government. And the markets failed"
Tony Benn
Labour politician

Peter Jay
"As the greatest names on Wall Street crash to the ground, destroyed  
by their own arrogance and folly, we must ask: Why are we so amazed?"
Peter Jay
Economist and journalist

Patrick Minford
"Capitalism has a good record of dramatically raising the world's  
living standards"
Patrick Minford
Economist and former Treasury 'wise man'