But Foucault's general conclusion is similar to Polanyi's and Marx's: governments were crucial for creating capitalism.
AT the dawn of the progressive era early in the last century, muckrakers attacked the first billionaire, John D. Rockefeller, for creating capitalism's most ruthless monster.
He enjoyed a rush of adulation after his iconic photo op in 1991, defying a hard-line putsch from the top of a tank, and he won an infusion of loans with his attempts to create capitalism by decree.
But it would be better for everyone if the plutocrats join in the effort to create capitalism that works for all us, rather than resisting it.
If the state moved heaven and earth to create capitalism, what will stop it doing the same to ensure its survival and creating some kind of techno-fascism less a techno-fascism lessd more a whack-a-mole game, bashing non-capitransitiontiatives on the head as they emotor?
Inefficient government interventions created a capitalism without markets and a socialism without planning.
It considered symbols as woefully inadequate to ameliorate the unjust material conditions, such as joblessness, created by capitalism.
Hamilton wrote a treatise on the proper bathing of children, for one thing; he created American capitalism for another.
Mr. Joyce, the former chief of the Olin Foundation, said that Mr. Olin had been seriously shaken by the experience of Henry Ford II, who resigned as a trustee of the Ford Foundation in 1977, unhappy that a philanthropy created by capitalism seemed to have drifted to the left.
Yet, much of the discontent that drives this does come from the social malaise created by capitalism.
