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    • A Great Idea About Capitalism That Was Wrong
      So, back in the 80s, when I was young, green and wet behind the years, one of the great thinkers about how to help poor people was a guy named Hernando DeSoto. (Great name, aces on parents!) DeSoto, who was mostly concerned with Latin and South America had one big idea: the reason that poor people were fucked is they didn’t have clear ownership of what they […]
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Re: Pharma, Yes! The left can be taught.

Matt Stoller at Ian Welsh’s blog gets a clue using Pfizer’s acquisitions as an example of the financialization of the pharmaceutical industry. At least he isn’t beating up on R&D for making crappy drugs. He’s opened the door a crack and peered in. Fascinating, eh, Matt? There’s a career making piece in there.

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