Quote of the Day: Robert Reich, former U.S. secretary of labor

robert-reich.jpg
"There are still only two kinds of capitalism.
There's authoritarian capitalism, as in China and Singapore,
and there's democratic capitalism, as in the U.S. and Europe.
If there's anyone out there who has a better idea,
I'm sure the world would love to hear about it."

— Robert Reich, former U.S. secretary of labor,
on calls for the reform and evolution of capitalism

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Comments (2) [rss]

Maybe...free market capitalism? Oligarchic capitalism? In fact the US is probably a blend of oligarchic and democratic.

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