Capitalism has collapsed into a nihilistic monopolized private sector that thrives off rent seeking and cartel behavior. Corporate welfare and regulations that benefit big business at the expense of market entry, widespread ownership, innovation, choice and competition — this is what platitudes about the free market, trickle down ideologies and plutocratic endeavor have wrought. Conservatives who seize this reality and transform markets to work for all, in particular markets oriented toward supporting family life, will be way ahead of the political game.
Friday, November 16, 2012
Can we be critical of Wall Street without being becoming a Socialist?
a comment from Mark Shea's blog.