the French start sounding more sensible than the Americans on economic policy.
Read about President Sarkozy’s comments on capitalism here. The Newsmax piece starts with this:
French President Nicolas Sarkozy says that the economic maelstrom that has captivated the world’s attention for the last 17 months is “not a crisis of capitalism” but, in actuality, a breakdown of a system that has “drifted away from capitalism’s most fundamental values.”
For a re-cap of how the U.S. drifted, here’s a pretty good (short) op-ed from the WaPo (August). Title: Is Capitalism Dead? The market that failed was not exactly free.
