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Article: TURBO-CAPITALISM: Winners and Losers in the Global Economy.(Review)
- Article from:
- The Washington Monthly
- Article date:
- April 1, 1999
- Author:
CopyrightCOPYRIGHT 1999 Washington Monthly Company. 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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TURBO-CAPITALISM: Winners adn Losers in the Global Economy By Edward Luttwak HarperCollins, $26
The free market is less "conservative" than you think
THE NOTION OF A CONSERVATIVE CRITIQUE of the market can jar the contemporary mind, a little like a left-wing critique of the state. But that suggests the tenacity of Cold War stereo-types and a media that is conceptually inert. Suspicion of the market is conservative in the most fundamental sense. It can arise from a desire for true economy, as opposed to the wastrel and debt-driven tendencies of the consumer culture. It can express a desire to protect that which is of great value, whether in the social ...