Working Papers

Capitalist Internationale?

The WSJ’s Bret Stevens reports from the WEF meeting in Davos:

At an Internet café late Thursday night, I am set upon by two Swiss undergrads who earlier in the day had participated in an antiglobalization rally. How, they would like to know, do I justify my presence at this malign gathering of the Capitalist Internationale? O that it were the Capitalist Internationale, I reply. I explain that this year’s Davos is purpose-built to satisfy all of their grievances. They think the Forum’s concern for the poor and the environment is a meaningless gesture at best and probably a devious trick. I think: “The capitalists will sell the rope from which they will hang.”

(Thanks to John Rogers for the pointer).

posted on 02 February 2005 by skirchner in Economics

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