Paul Krugman Talks to Bill Moyers About How to Speed Recovery -- And Why He Doesn't Want to Run the Treasury
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And that solution lasted for half a century, which is all you can ever expect in human affairs. Nothing is permanent. So I do believe that we can do that again. So it's not that we have to ditch capitalism. I think a market economy is -- this is probably Churchill, right, it's the worst solution except for all the others. And democracy is the worst system, except for all the others.
But it's going to take some work. It's not -- the idea that you can just let markets rip and that you don't need to worry about the state of your democracy, that's wrong. But I'm actually, in a way, a conservative on these things. But a conservative, not -- what we now call conservatives are actually radicals who want to tear down the structure that we built, starting with FDR. And I want to rebuild something like that, a modernized, a twenty-first century version of that system. But it's not out of reach. It's not something that can't be done.
BILL MOYERS: Paul Krugman, End This Depression Now. Thank you very much for this conversation.
PAUL KRUGMAN: Thank you.