October 14, 2018<\/p>\n
<\/p>\n
Short exchange with Peter Paik<\/p>\n
<\/p>\n
Emanuel Pastreich:<\/p>\n
\u201cMost people who had a positive view of capitalism were thinking of the modified and regulated form practiced in the 1950s and 1960s in the US. That was not really capitalism at all, but highly regulated economy deeply influenced by socialist models. This, however, is the real stuff. Enjoy, compliments of the chef!\u201d<\/p>\n
<\/p>\n
Peter Y. Paik:<\/p>\n
\u201cDon’t forget the central banks.\u201d<\/p>\n
<\/p>\n
Emanuel Pastreich:<\/p>\n
\u201cCentral banks? those playthings of sovereign wealth funds and billionaires?\u201d<\/p>\n
<\/p>\n
Peter Y. Paik:<\/p>\n
I think they won’t be big enough to paper over the next collapse.\u201d<\/p>\n
<\/p>\n
Emanuel Pastreich:<\/p>\n
\u201cThat is exactly right. And that stuff they circulate will be exactly that: \u2018paper.\u2019\u201d<\/p>\n
<\/p>\n
Peter Y. Paik:<\/p>\n
\u201cWe’ll have to find new ways of thinking about what will come after.\u201d<\/p>\n
<\/p>\n
Emanuel Pastreich:<\/p>\n
\u201cWe will have no choice this time.\u201d<\/p>\n
<\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
October 14, 2018 Short exchange with Peter Paik Emanuel Pastreich: \u201cMost people who had a positive view of capitalism were thinking of the modified and regulated form practiced in the 1950s and 1960s in the US. That was not really capitalism at all, but highly regulated economy deeply influenced by socialist models. This, … Read more<\/a><\/p>\n","protected":false},"author":9296425,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","_crdt_document":"","footnotes":""},"categories":[62332306],"tags":[],"class_list":["post-8785","post","type-post","status-publish","format-standard","hentry","category-today-in-usa"],"_links":{"self":[{"href":"https:\/\/green-liberty.org\/circlesandsquares\/wp-json\/wp\/v2\/posts\/8785","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/green-liberty.org\/circlesandsquares\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/green-liberty.org\/circlesandsquares\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/green-liberty.org\/circlesandsquares\/wp-json\/wp\/v2\/users\/9296425"}],"replies":[{"embeddable":true,"href":"https:\/\/green-liberty.org\/circlesandsquares\/wp-json\/wp\/v2\/comments?post=8785"}],"version-history":[{"count":0,"href":"https:\/\/green-liberty.org\/circlesandsquares\/wp-json\/wp\/v2\/posts\/8785\/revisions"}],"wp:attachment":[{"href":"https:\/\/green-liberty.org\/circlesandsquares\/wp-json\/wp\/v2\/media?parent=8785"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/green-liberty.org\/circlesandsquares\/wp-json\/wp\/v2\/categories?post=8785"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/green-liberty.org\/circlesandsquares\/wp-json\/wp\/v2\/tags?post=8785"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}