Thursday, August 2, 2012

Capitalism, Not Culture, Drives Economies

This article attacks Romney's arguments that he used to explain the performance of the Israel economy.  Romney claimed that the Israeli culture is superior to Palestinian culture and that is why Israel is richer.  Cultural explanations like this are a common part of the conservative ideology.  In my view it is also difficult to separate culture from capitalism.  Economic systems have a way of creating cultures that are compatible with the economic system.

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