Don’t blame the messenger

At my university, a generous alumnus, Stephen Bruce, has funded an initiative on “Rethinking Capitalism.” As the fallout of the financial crash of 2008 drags on, now with the banking crisis in Spain, the topic seems inordinately relevant. Even in India, the crisis has given critics of economic reform ammunition against that direction of policy, aside from the direct impacts on India of the weakening global economy.

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