Time to re-regulate markets
It is time to stop capitalism "cannibalising itself" as a result of the current global financial crisis, declares Kevin Rudd, Australia's prime minister.
" The time has come, off the back of the current crisis, to proclaim that the great neo-liberal experiment of the past 30 years has failed, that the emperor has no clothes, " says Mr Rudd.
Source: Dennis Shanahan, Political editor, THE AUSTRALIAN, jan 31 2009 report on Kevin Rudd's essay on the current financial crisis.
" The time has come, off the back of the current crisis, to proclaim that the great neo-liberal experiment of the past 30 years has failed, that the emperor has no clothes, " says Mr Rudd.
Source: Dennis Shanahan, Political editor, THE AUSTRALIAN, jan 31 2009 report on Kevin Rudd's essay on the current financial crisis.
posted by Meripa Weir at 1:39 PM
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