>>>As Churchill might have said, capitalism is the absolute worst way to run an economy, except for all the others.
>>
>>That was about democracy and actually isn't much of a praise, is it? It's just a fancy way to say "we're running a crappy system, but the others are worse". Not too high a standard there.
>
>Actually, I prefer to think of it as Churchill's wry/tongue-in-cheek reply to those bemoaning the supposed shortcomings of democracy. I don't think of it as "damning with faint praise".
>
>Capitalism may not be perfect, but I can guarantee you, anyone who devises a better system will get an immediate Nobel prize in economics.

Or gets shot as a subversive. Depending on where he submits his work ;).