POINT OF ORDER
TIM COHEN: Some thoughts on improving capitalism
How do you improve capitalism? Since returning from the World Economic Forum at Davos last week, I haven’t been able to free myself from the topic. You might think that Davos, the pinnacle of plutocrats to some, would be the worst place in the world to think about this problem. But to me it’s fascinating how these debates have begun to be heard at forums like Davos. Here are some random thoughts on the topic. First, entering this debate makes me slightly edgy because SA, as a consequence, one presumes, of its history and economics, has an enormous number of people who consider even raising the topic a concession to their prejudice, which is that capitalism is inherently evil. South African universities are still stuffed with Marxists and proto-Marxists who churn out students taught to serve a god who was long ago rejected by the world because his ideas turned out to be not just wrong, but devastatingly wrong. Marxism was departing European universities as long ago as the 1970s, when...
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