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Michael Henderson

Michael Henderson suggests


Glad that's settled then

Sunday, 28th September 2008

Every now and again Will Hutton can surprise me by making a statement that is both useful and true.

This is not the end of capitalism, as some wildly claim; there is no intellectual, social or political challenge to a market system based on respect for private property rights....

Quite, we only have to look at the wreckage of those economies that don't have either markets or property rights to see that.

One might go further indeed: there's no logical challenge to such a system either.

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