Fox argues that TINA is not the only way. While capitalism has delivered the highest living standards per country and poverty is falling worldwide, this doesn't apply that laissez-faire is the only alternative. There are many types of capitalism and laissez-faire has not turned out to the be the most successful on many measures, of which Scandinavia is evidence. Note also that this view is being put forward in a premier business publication rather than a premier economic one.
The Harvard Business Review — HBR Blog Network
"Alternatives" Isn't a Dirty Economic Word
Justin Fox | Executive Editor, New York, of the Harvard Business Review Group
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