> "greed is good" refers to a very specific brand of robber-baron capitalism.
It does not. It refers to the Eighties brand of corporate raiders and excess Capitalism. It's a quote from the film, "Wall Street". That whole paragraph is wrongly conflating ideas.
> It refers to the Eighties brand of corporate raiders and excess Capitalism.
Quote from my own comment:
> put into practice in the 1980s under the Reagan administration
Are you contesting the name "greed is good" because it was coined after the underlying theory was crafted? If so, I disagree. We didn't have the word "smartphone" until after those existed. The word "Christianity" wasn't invented while Jesus was alive. Trees existed before we named them.
Reagan didn't just pull a new breed of economic policy out of his ass in January of 1981. The Chicago School is informative of neocon economic policy, and once you get past the pictures of frogs, not much has changed about the modern conservative economic platform.
It does not. It refers to the Eighties brand of corporate raiders and excess Capitalism. It's a quote from the film, "Wall Street". That whole paragraph is wrongly conflating ideas.