[Marxism] Rethinking capitalism

Louis Proyect lnp3 at panix.com
Sun Jun 8 16:19:53 MDT 2008


Rethinking Capitalism

"Adam Smith is probably dead. Maybe it's time to revisit Karl Marx." 
Those words were uttered not by some hidebound communist but by one 
of Turkey's most prominent capitalists, Ishak Alaton. The chairman of 
Alarko Holding, an $800 million conglomerate, is profiled in the May 
4 issue of BusinessWeek Turkey. Alaton believes companies worldwide 
must do more to bridge the growing chasm between the haves and 
have-nots—and good works are not enough. To maximize their profits, 
businesses need to maximize the well-being of their own workers and 
consumers as a whole. Call it Alaton's spin on Das Kapital.

—Edited by Harry Maurer & Cristina Linblad

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