Friday, 6 February 2009

Battle of the manifestos

by Grant Morgan RAM Chair 5 February 2009 A telling document has been published in The Independent, one of Britain's foremost social democratic papers. Titled "A manifesto to save the free market", it sets out business editor Jeremy Warner's prescription to save global capitalism from erupting social discontent sparked by the world's first Combo Crisis since the 1930's Great Depression. (reprinted in full below.) Although Warner admits that "unfettered markets would seem manifestly to have failed us", he continues social democracy's historic compromise with capitalism by promoting a 10-point action plan to save the market from itself.

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