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Article: Fixing Capitalism Bit by Bit To Build Us All a Better World.(FinancialObserver)
- Article from:
- The New York Observer (New York, NY)
- Article date:
- September 22, 2003
CopyrightCOPYRIGHT 2003 The New York Observer. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Christopher Bray
The Soul of Capitalism: Opening Paths to a Moral Economy, by William Greider. Simon and Schuster, 366 pages, $28.
Not long into the last century, Cicero McClure, a farmer in Western Pennsylvania, started a second job as a night watchman. After a hard day of plowing and tilling the fields, he would take himself off to the electric-power substation it was his nightly duty to guard. Before he began putting in these phenomenally long hours, McClure had been a director of a local community bank he'd also invested in. The bank folded during the great panic of 1907, and McClure took the night job so that he could repay the depositors ...
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