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	<title>Steve Baker MP &#187; Capitalism</title>
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	<link>http://www.stevebaker.info</link>
	<description>One life. Live it.</description>
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		<title>Alternatives to capitalism: Nikolai Bukharin on the division of labour</title>
		<link>http://www.stevebaker.info/2010/08/nikolai-bukharin-on-the-division-of-labour/</link>
		<comments>http://www.stevebaker.info/2010/08/nikolai-bukharin-on-the-division-of-labour/#comments</comments>
		<pubDate>Wed, 18 Aug 2010 09:01:56 +0000</pubDate>
		<dc:creator>Steve Baker</dc:creator>
				<category><![CDATA[Politics]]></category>
		<category><![CDATA[Capitalism]]></category>
		<category><![CDATA[Communism]]></category>
		<category><![CDATA[Favourite]]></category>
		<category><![CDATA[Incompetence]]></category>
		<category><![CDATA[Market Intervention]]></category>
		<category><![CDATA[USSR]]></category>

		<guid isPermaLink="false">http://www.stevebaker.info/?p=3473</guid>
		<description><![CDATA[Brought forward &#8211; I&#8217;m on holiday.
Thinking about the pressures on capitalism &#8212; or rather, on the interventionism that passes for capitalism today &#8212; and on the alternative which was most comprehensively implemented, I discovered this recipe for chaos and failure from Bukharin:
Under communism people receive a many-sided culture, and find themselves at home in various ]]></description>
		<wfw:commentRss>http://www.stevebaker.info/2010/08/nikolai-bukharin-on-the-division-of-labour/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The altruistic individual in society</title>
		<link>http://www.stevebaker.info/2010/08/the-altruistic-individual-in-society/</link>
		<comments>http://www.stevebaker.info/2010/08/the-altruistic-individual-in-society/#comments</comments>
		<pubDate>Sun, 08 Aug 2010 18:01:42 +0000</pubDate>
		<dc:creator>Steve Baker</dc:creator>
				<category><![CDATA[Politics]]></category>
		<category><![CDATA[Altruism]]></category>
		<category><![CDATA[Books]]></category>
		<category><![CDATA[Capitalism]]></category>
		<category><![CDATA[Liberty]]></category>
		<category><![CDATA[Philosophy]]></category>
		<category><![CDATA[Popper]]></category>
		<category><![CDATA[Responsibility]]></category>
		<category><![CDATA[Security]]></category>
		<category><![CDATA[Society]]></category>
		<category><![CDATA[Totalitarianism]]></category>

		<guid isPermaLink="false">http://www.stevebaker.info/?p=7902</guid>
		<description><![CDATA[In preparation for an article to be published in the Autumn, I just reread The Open Society and Its Enemies &#8211; Volume 1: The Spell of Plato. The book traces mankind&#8217;s opposition to change and the consequent rise of the myth of destiny, technically, historicism: the belief that history unfolds according to laws which can ]]></description>
		<wfw:commentRss>http://www.stevebaker.info/2010/08/the-altruistic-individual-in-society/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Meet the man who has exposed the great climate change con trick &#124; The Spectator</title>
		<link>http://www.stevebaker.info/2009/07/meet-the-man-who-has-exposed-the-great-climate-change-con-trick-the-spectator/</link>
		<comments>http://www.stevebaker.info/2009/07/meet-the-man-who-has-exposed-the-great-climate-change-con-trick-the-spectator/#comments</comments>
		<pubDate>Sun, 12 Jul 2009 11:07:21 +0000</pubDate>
		<dc:creator>Steve Baker</dc:creator>
				<category><![CDATA[Natural world]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Books]]></category>
		<category><![CDATA[Capitalism]]></category>
		<category><![CDATA[Environment]]></category>
		<category><![CDATA[Ideas]]></category>
		<category><![CDATA[Poverty]]></category>

		<guid isPermaLink="false">http://www.stevebaker.info/?p=5527</guid>
		<description><![CDATA[
This week, The Spectator writes Meet the man who has exposed the great climate change con trick:
James Delingpole talks to Professor Ian Plimer, the Australian geologist, whose new book shows that ‘anthropogenic global warming’ is a dangerous, ruinously expensive fiction, a ‘first-world luxury’ with no basis in scientific fact. Shame on the publishers who rejected ]]></description>
		<wfw:commentRss>http://www.stevebaker.info/2009/07/meet-the-man-who-has-exposed-the-great-climate-change-con-trick-the-spectator/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>FT.com &#8211; Nomura has Lehman’s old crown in sight</title>
		<link>http://www.stevebaker.info/2009/07/ftcom-nomura-has-lehman%e2%80%99s-old-crown-in-sight/</link>
		<comments>http://www.stevebaker.info/2009/07/ftcom-nomura-has-lehman%e2%80%99s-old-crown-in-sight/#comments</comments>
		<pubDate>Tue, 07 Jul 2009 06:07:30 +0000</pubDate>
		<dc:creator>Steve Baker</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Banking]]></category>
		<category><![CDATA[Capitalism]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[Lehman Brothers]]></category>
		<category><![CDATA[Nomura]]></category>
		<category><![CDATA[Optimism]]></category>

		<guid isPermaLink="false">http://www.stevebaker.info/?p=5512</guid>
		<description><![CDATA[Via FT.com / Companies / Financial Services &#8211; Nomura has Lehman’s old crown in sight:
Ten months ago when Lehman Brothers collapsed, it would have been a stretch to suggest that the former investment bank might reclaim its crown as the biggest broker on the London Stock Exchange.
But on Monday the new owner of its European equities ]]></description>
		<wfw:commentRss>http://www.stevebaker.info/2009/07/ftcom-nomura-has-lehman%e2%80%99s-old-crown-in-sight/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>George Osborne: A New British Economic Model</title>
		<link>http://www.stevebaker.info/2009/06/george-osborne-a-new-british-economic-model/</link>
		<comments>http://www.stevebaker.info/2009/06/george-osborne-a-new-british-economic-model/#comments</comments>
		<pubDate>Tue, 09 Jun 2009 10:44:01 +0000</pubDate>
		<dc:creator>Steve Baker</dc:creator>
				<category><![CDATA[Politics]]></category>
		<category><![CDATA[Capitalism]]></category>
		<category><![CDATA[Conservatives]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[George Osborne]]></category>
		<category><![CDATA[Industry]]></category>
		<category><![CDATA[Optimism]]></category>

		<guid isPermaLink="false">http://www.stevebaker.info/?p=5206</guid>
		<description><![CDATA[A good speech from George Osborne:
We should not be satisfied with turning back the clock to how things were before the crisis, or we risk simply pumping the bubble back up.
That would mean failing to understand a crucial insight that has become increasingly clear &#8211; that the model of economic growth pursued over the last ]]></description>
		<wfw:commentRss>http://www.stevebaker.info/2009/06/george-osborne-a-new-british-economic-model/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>[bumped up] The economic debate becomes more fundamental</title>
		<link>http://www.stevebaker.info/2009/06/correcting-quiggin-on-austrian-business-cycle-theory-robert-p-murphy-mises-institute/</link>
		<comments>http://www.stevebaker.info/2009/06/correcting-quiggin-on-austrian-business-cycle-theory-robert-p-murphy-mises-institute/#comments</comments>
		<pubDate>Thu, 04 Jun 2009 14:47:42 +0000</pubDate>
		<dc:creator>Steve Baker</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Austrian School]]></category>
		<category><![CDATA[Capitalism]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[Favourite]]></category>

		<guid isPermaLink="false">http://www.stevebaker.info/?p=4986</guid>
		<description><![CDATA[
This post has been brought forward for those people who asked me today about money, bank credit and economic cycles while I was telling for the EU and local elections.
As the Austrian Theory of the Trade Cycle gains interest for its coherent explanation of our present predicatment, it also gains opponents. Here, Robert Murphy answers ]]></description>
		<wfw:commentRss>http://www.stevebaker.info/2009/06/correcting-quiggin-on-austrian-business-cycle-theory-robert-p-murphy-mises-institute/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Recommended: Pitstop-Racing</title>
		<link>http://www.stevebaker.info/2009/04/recommended-pitstop-racing/</link>
		<comments>http://www.stevebaker.info/2009/04/recommended-pitstop-racing/#comments</comments>
		<pubDate>Thu, 23 Apr 2009 16:43:55 +0000</pubDate>
		<dc:creator>Steve Baker</dc:creator>
				<category><![CDATA[Fun]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[Top Tips]]></category>
		<category><![CDATA[Capitalism]]></category>
		<category><![CDATA[Competence]]></category>
		<category><![CDATA[Driving]]></category>
		<category><![CDATA[Saab]]></category>
		<category><![CDATA[Suspension]]></category>
		<category><![CDATA[Transport]]></category>

		<guid isPermaLink="false">http://www.stevebaker.info/?p=4558</guid>
		<description><![CDATA[Today, I discovered and I am delighted to recommend Pitstop-Racing of Brize Norton.
This is a proper workshop, where you can not only get your suspension set expertly for your own style, you can meet the mechanic and have a conversation about camber, toe-in and understeer. This may not matter to you, but if you are ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Groceries, capitalism and the Third Way</title>
		<link>http://www.stevebaker.info/2009/04/groceries-capitalism-and-the-third-way/</link>
		<comments>http://www.stevebaker.info/2009/04/groceries-capitalism-and-the-third-way/#comments</comments>
		<pubDate>Thu, 23 Apr 2009 14:31:09 +0000</pubDate>
		<dc:creator>Steve Baker</dc:creator>
				<category><![CDATA[Politics]]></category>
		<category><![CDATA[Capitalism]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[Market Intervention]]></category>

		<guid isPermaLink="false">http://www.stevebaker.info/?p=4552</guid>
		<description><![CDATA[I picked up some groceries today from a large supermarket. It took a while to find the cream cheese among the huge refrigerators full of luxurious food at modest prices.
This reminded me of a TV programme just after the Cold War, in which a Russian family visited Britain. The father wept openly on his first ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Fair Trade, bananas and feeding the poor</title>
		<link>http://www.stevebaker.info/2009/02/fair-trade-bananas-and-feeding-the-poor/</link>
		<comments>http://www.stevebaker.info/2009/02/fair-trade-bananas-and-feeding-the-poor/#comments</comments>
		<pubDate>Sun, 15 Feb 2009 18:45:20 +0000</pubDate>
		<dc:creator>Steve Baker</dc:creator>
				<category><![CDATA[Politics]]></category>
		<category><![CDATA[Capitalism]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[Fair Trade]]></category>
		<category><![CDATA[Market Intervention]]></category>
		<category><![CDATA[Responsibility]]></category>
		<category><![CDATA[Social Justice]]></category>
		<category><![CDATA[Welfare]]></category>

		<guid isPermaLink="false">http://www.stevebaker.info/?p=3676</guid>
		<description><![CDATA[A rainy Sunday game of Trivial Pursuit provided the claim that bananas are the fourth most important food commodity after rice, wheat and maize in terms of production value. This UN report confirms the fact.
And that reminded me of an article in the Journal of The Institute of Economic Affairs, Fair trade is counterproductive &#8211; and unfair by ]]></description>
		<wfw:commentRss>http://www.stevebaker.info/2009/02/fair-trade-bananas-and-feeding-the-poor/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>David Cameron: Capitalism with a conscience</title>
		<link>http://www.stevebaker.info/2009/01/david-cameron-capitalism-with-a-conscience/</link>
		<comments>http://www.stevebaker.info/2009/01/david-cameron-capitalism-with-a-conscience/#comments</comments>
		<pubDate>Fri, 30 Jan 2009 18:45:48 +0000</pubDate>
		<dc:creator>Steve Baker</dc:creator>
				<category><![CDATA[Politics]]></category>
		<category><![CDATA[Capitalism]]></category>
		<category><![CDATA[David Cameron]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[Optimism]]></category>

		<guid isPermaLink="false">http://www.stevebaker.info/?p=3499</guid>
		<description><![CDATA[So I think it&#8217;s time to update the free market orthodoxy that has dominated the past few decades. It&#8217;s time to assert a fundamental truth: that markets are a means to an end, not an end in themselves. Markets are there to serve our society, not to suck the joy out of it or trample ]]></description>
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		<slash:comments>0</slash:comments>
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