Abstract

New York Times, reports, that: The financial meltdown has sent the literary-minded scurrying back to the classics for insight and succor. exploits of the Ponzi artist Bernie Madoff remind us of THE GREAT GATSBY (F. Scott Fitzgerald, 1950) or THE WAY WE LIVE NOW [Anthony Trollope, 1941] So when hard-core free-marketeers like Richard Posner (2009) started to question the efficacy of capitalism, the works of Karl Marx are being fished out of the dustbin of history. Most classical critiques of capitalism are much-mentioned but rarely read in the original, these were the kind of books that people routinely cite without really knowing what's in them (The New York Times International Edition, July 2009).

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