Having lived through the collapse of communism, these Estonians are asking, "Is there life after capitalism?" Of course communism was a shell of itself, when it collapsed, having betrayed its founding ideals, much as we have betrayed our own. Transparency, honest accounting, fair regulatory systems, rule of law, deals struck among trustworthy people - when is the last time we had that as a norm on Wall Street and in DC?
Speaking of which: Russian private equity firm rumored to be acquiring Forbes
Posted by: Jeff Trexler | November 24, 2008 at 12:03 PM
thanks, blogged it.
Posted by: phil | November 24, 2008 at 01:33 PM