Mentions of "Socialism" in Alan Greenspan's "The Map and the Territory"
Per Jim Henley's request:
Alan Greenspan: The Map and the Territory: Risk, Human Nature, and the Future of Forecasting:
India, a long-time bastion of Fabian socialism, instituted significant reform in 1991...
Capitalism and socialism are specific about the conditions they deem necessary for the creation of wealth and rising standards of living. Populism is not. It is a shout of pain...
Fortunately, modern societies have finally abandoned as unworkable the various economic models of socialism that were so popular a century or more ago. But we need to recognize that welfare states, unless contained, have proven similarly trouble prone. Even the long-vaunted welfare model of Sweden has felt the need for a significant overhaul...
