Acton Institute Powerblog

Acton Commentary: Davos Capitalism: Adam Smith’s Nightmare

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Davos capitalism, managerial capitalism run by a transnational elite, has lost faith in free markets. But these technocrats and politicians still believe that they, and only they, possess the solutions that will “fix” global markets. “We have tried the illusory third way — it is called Davos — and it has failed,” Michael Miller writes.

Read this commentary over at the Acton Website and comment on it here.

Brittany Hunter