Saturday, September 26, 2015

Greek Practical Solution to Capitalism's Failure

Capitalism is a failed monster, but a monster still cornered, wounded and dangerous.  many alternatives are being tried to Greece, but this sounds interesting:
“In Greece there’s a major liquidity problem,” said Mr. Roussos, who met the tire vendor and scores of new clients through an Athens-based online barter club, Tradenow, which created its own currency called tradepoints. “People are finding it more convenient to trade because money is not readily available.”
Isn't this just a budding version of the Swiss WIR?  No free market ever has a liquidity problem, liquidity problems merely attend every attempt at capitalism.  The solution is to get rid of capitalism, delegitimize it, and let the free market replace capitalism.

Feel free to forward this by email to three of your friends.


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