Cornel West: Free markets not the public interest

Associated Press Published: April 19, 2012

Cornel West posited a dichotomy between free markets and the "common good" today as he called for "massive investment" in government programs to fight poverty.

West called for economic theory to be "tied to public interest" during a Morning Joe segment. "Common good -- not just free markets, unregulated, unfettered or relatively regulated, as if public interest is an afterthought," he explained.

West then said that Congress should avoid austerity measures in favor of "massive investment" on a scale proposed by Paul Krugman in End this Depression Now, in which he argues that "a burst of federal spending ended the Great Depression, and we desperately need something similar today."

Click to read full article at Washington Examiner

Trending Now


  1. 1
    OKC Thunder: Anthony Morrow agrees to sign with Thunder
  2. 2
    10 Most Popular Wedding 'First Dance' Songs
  3. 3
    Psychologists Studied the Most Uptight States in America, and Found a Striking Pattern
  4. 4
    Facebook Post Saves Drowning Teen
  5. 5
    Saturday's front page of the New York Times sports section is simple: LeBron James and transactions
+ show more