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Rising Tide Till Debt Do Us Part

Invisible Hands & Markets: Losing Moral Compass: Socialism meets free markets?
Many people believe the collapse of the Soviet Union 12 years ago proves that free market capitalism is the only viable socio-economic model for modern countries to follow. But David Schweickart, the speaker at the Big Problems lecture, “After Capitalism: How about Democracy?” would disagree that the fall of the Soviet Union means the end of socialism.
Schweickart, a professor of philosophy at Loyola University in Chicago, described to students and faculty on Monday how alternatives to free-market enterprise could incorporate many aspects of socialism while still being capitalist. The lecture, part of the Big Problems Curriculum series hosted by the New Collegiate Division, incorporated many of the ideas in his book, After Capitalism, which posits a coherent vision of an alternative to globalizing capitalism that Schweickart termed “economic democracy.”
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