>What’s Really Bankrupt

>The Wall Street Model: Unintelligent Designby Pam Martenswww.counterpunch.org (September 20/21 2008)Wall Street is collapsing not because of bad mortgage debt or lack of capital or over-leverage. Those are merely symptoms. Wall Street is collapsing because it deserves to collapse; it needs to collapse in order for America to survive. The economist Joseph Schumpeter called it … Continue reading >What’s Really Bankrupt