Sarkozy, Merkel, Blair call for new capitalism

French President Nicolas Sarkozy, leading a two-day conference with former British Prime Minister Tony Blair on the future of capitalism, said the crisis has shown that no country can go it alone on economic policy.

“In the 21st century, there it is no longer a single nation who can say what we should do or what we should think,” he said.

He went on to say:”In capitalism of the 21st century, there is room for the state.”

Sounds like another intellectually confused mish-mash of ideas by European leaders that have giant chips on their shoulders.  They are dying to be like the United States and the only way to get there is by creating some kind of European-led New World Order.

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