Obama: ‘No difference between capitalism and communism’

Hard to know what is more shocking: A president of the United States stating in a Buenos Aires speech last week that there is “no difference between capitalism and communism, choose whatever works” (see video link in the endnote) or the fact that this statement has not received coverage.

Reuven Brenner holds the Repap Chair at McGill University’s Desautels faculty of Management. The article draws on his Force of Finance. 

Read full article: Asia Times, April 6, 2016