Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
I was not arguing that you couldn't count the positive effects of markets under Pinochet in favour of neoliberalism at all. I was simply pointing out that you can not count the positive effects that would also have accrued under Allende. Just as it would be unreasonable to count the negative effects of markets that would have accrued under Allende against Pinochet.

Another way to make the same point is that if the market for a firm's products increases by twenty per cent, and a company's sales go up only fifteen per cent, then the CEO is underperforming by five percentage points, not overperforming by fifteen.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Wed Feb 23rd, 2011 at 03:58:19 PM EST
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