Supporters of Capitalism Are Crazy, Says Harvard

mises.org ^ | 3/17/09 | Thomas E. Woods, Jr.

[To Hell With Poverty]

Stupid rubes? Good grief!

He's referring to Harvard's attitude towards free marketeers and the general public.

[To Hell With Poverty]

Oops, never mind. I replied off my ping notifications before reading your discussion with other FReepers about the origins of "rubes."

I didn't know that about the term, so thanks.

[Boucheau]

FReeper Comrades!

Unite!

Power to the FReepers!

Power to Communism!

Power to Our dear leader! The annointed one—Barack Hussein Obama!!!!!

Capitalism is dead!

(I’m just exploring the inner workings of left-wing mental illness. But it hasn’t affected me. ...hasn’t affected me. ...hasn’t affected me.)

[HowlinglyMind-BendingAbsurdity]

"In short, the conference was about this: Why do people still think the interaction of free individuals is a superior economic system to one directed by Harvard Ph.D.s like us? "

Gee...maybe because they have seen and heard people from Harvard?

[Rick_Michael]

I don’t know if harvard realizes this, but we haven’t been a free capitalist nation for sometime now. We’re a mixed economy and blaming this on the private sector entirely is misguided.

[denydenydeny]

I knew when that senile twit Greenspan started attacking the free market before Congress there would be consequences. I didn’t think it would spawn an entire cottage industry but there you go.

Greenspan’s declaration (after 10 years of being married to Andrea Mitchell) is the intellectual equivalent of some feebleminded old fool leaving his entire fortune to his cat.

[GoLightly]

The psych eval aspect to this is rather disturbing, like the possibility of a need for reeducation camps.

[a fool in paradise]

And what is it that Harvard has given us? The Unabomber, Timothy Leary, and the newest President of the United States.

[gogogodzilla]

Harvard should put their theories into policy.

Anyone ‘needing’ to go to Harvard should not be required to pay, as that is the essence of the evil capitalist system.

Whereas Harvard, with their glorious non-capitalist system, understands that it is ‘to each according to their needs, from each according to their abilities’.

And most college age student have only the ‘ability’ to study.

Let’s see how long that works...

[SteamShovel]

Its purpose was to try to figure out why, since everyone knows the current crisis amounts to a failure of the market economy, the stupid rubes continue to believe in it.

The Harvard educated MBA's and PhD's with little common sense running this country into the ground might have more to do with our troubles than the free market.....

Perhaps the answer is to outlaw a Harvard degree holder from running anything.

Oops, I guess I just outed myself as a rube.....

[fortunecookie]

Aaaah, so we’ve been crazy for a century or more, at least during the Industrial era. Yes, the wealthy including those that made Harvard what it is today have amassed millions using capitalism. Hmmm. Will they go first then, and shun capitalism completely, right down to the last parent paying for their kid’s education, give up all their wealth for the collective good?

[tang-soo]

Let every student be plainly instructed and earnestly pressed to consider well, the main end if his life and studies is, to know God and Jesus Christ which is eternal life (John 17:3) and therefore to lay Christ in the bottom as the only foundation of all sound knowledge and learning. And seeing the Lord only giveth wisdom, let everyone seriously set himself by prayer in secret to seek it of him (Proverbs 2:3).

Harvard’s Rules and Precepts – 1636