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[sharechat] Economic Whatever


From: prhughes@value.net.nz
Date: Fri, 6 Dec 2002 23:36:40 +1300


Nikki and Ruth

The capitalism which you are quoting does not belong to either 
Morgan or Greenspan, but to Bentham and Ricardo and others.The 
gross inequalities of that time eventually led to Socialism and the 
Command Economy(Russia). For every action there is always a 
reaction.
 
Personally, I wouldn't want to live under pure capitalism or 
communism. I think (I don't know) but the majority of NZ prefers the 
middle way. Sure that doesn't  please everybody. but what does?
All changes take time, and along the way there will be many 
imperfections.

I have a little puzzle for you. What do you think may or could 
happen to Fonterra in the future. Will they perhaps list on the 
stockmarket, and who would love to get their hands on it.

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