2 responses

  1. Gene Balfour
    December 6, 2017

    Stephen understanding of Capitalism reflects an academic perspective rather than one based on the actual experience of working for ‘for profit’ enterprises and pursuing a career within the highly competitive private sector.

    With his statements about Capitalism, I would expect that he holds a set of anti-business views that are likely very Marxist in their perspective.

    I would love to speak with Stephen directly and share my perspective as someone who has had a long and successful career of over 40 years and hold a different view of Capitalism which he may consider as ‘food for thought’.

    Gene Balfour,
    Chairman, Ontario Libertarian Party.
    Retired business man.

    Reply

  2. harrison wintergreen
    December 12, 2017

    Mr. Balfour seems to be missing the point.

    Prof. Hicks has highlighted a number of inconsistent and contradictory conclusions that exist in popular analysis of capitalism. E.g., capitalism is alleged to cause both too large populations, and too small populations.

    Hicks might be suggesting that capitalism is a whipping boy or strawman for whatever agenda someone is pushing at the moment. This is similar to Leszek Kolakowski’s concept of the endless cornucopia (or whatever he called it): for whatever position one wishes to take, one can find an endless series of facts and citations to support that position.

    Populations are shrinking (and that’s bad) … let’s blame capitalism!

    Populations are growing (and that’s bad) … let’s blame capitalism!

    Reply

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