Paul Brodsky Views "Capitalism" In the Past Tense

When Paul Brodsky mentions the word “capitalism,” he gets “nostalgic.” The fact that the free market system is being silently destroyed without much public discussion “saddens” the economic strategist. In a macro world view when one force advocates repression of human desire and initiative and sees governments as superior economic arbiters, Brodsky, founder of Macro Allocation Inc., a portfolio consulting firm, prefers capitalism.

But those with a controlling bent, who think free markets can be repressed with quantitative fairy dust and negative interest rates, they are currently bending markets almost to the point of breaking. These are the people who should read Brodsky. But the topics he addresses are likely those that have also been banned from polite...