Free Market Fantasies by Noam Chomsky 4/5
Top Comments
All Comments (98)
-
@sfjeff1089 However it is getting close to the point were we can't say that. Building up a suppression culture is difficult, just like it is difficult to build any corporate culture (with obvious added difficulties), but once you do build a corporate culture, it is hard to get rid of (and a suppression culture has extra defenses as well). Fortunately for any would-be oppressors, we have already given up independant press, habius corpus, internet independence, state sovreignty, etc.
-
i would actually take your football analogy a step further - i'd argue that trying to get rid of the public sector is like trying to erase the yardage lines, take down the goalposts, and plow up the turf like farmland
-
@pyannaguy However it is reaching crisis proportions now. We now have a private police force and private prisons, and we have trained them in the art of torture and secrecy. Murphy's famous quote is about product design. Give a million toys to kids and anything that can go wrong will for at least one kid. Just like in a country the size of the USA, there is someone with the skills, ability, and motivation of a Hitler or a Stalin. The only reason it could never happen here is opportunity.
-
@enomarekim Actually, bubbles occur when you transfer money from spenders to savers via anti-union policies, low tax rates on the rich, and other anti-progressive policies. There is a reason for a 70 year Kondrateiv cycle. That's how long it takes the last batch of people who said "never again" to die off and be replaced by the complacent. Private companies specializing in large scale wealth transfer from the public sector know that the only way it works is if they build up anger at big govt.
-
@boing3887 I agree with this completely. I think of people's requests that we get rid of public sector so we just have the private sector as being like requesting we fire all the referees in football to get rid of waste and leave us with the efficiently producing players.
-
@enomarekim So to summarize, I agree that this is a problem we need to solve, but solving the way a lot want is not removing the possibility of government inefficiency, but rather creating a profit incentive to create government overbilling.
-
@enomarekim You raise some good points, but there is one flaw. We do have a solution that is better than just giving up. Small government is not the same thing as privatized government. "Ownership" of certain problems does not can and can not fall with the private companies that the service is privatized to. Think about Education. Barring the invention of slavery, No private company would never be able to harvest the results of the 20 years investment in education.
-
@enomarekim Our civil rights are already compromised. That cat's out of the bag. The only solution I am aware of is to be a nation of laws living under a rule of Law. Of course rules need to be figured out, but if we can keep the number of companies that live and die based on influence and power small compared with the number of companies that live or die based on good service, then it is a good start.
-
@boing3887 This could be the most important question our economy faces. Look up Naomi Wolf.
-
@boing3887 I have been wondering about that. One possible impact of moving money from spenders to savers should be to move bond prices up and decrease the "Natural" interest rates in an economy. When the economy is in massive imbalance, altering the money supply prevents the vicious circle associated with the imbalance, but it can't affect the imbalance directly. In other words, it saves us from depression, but only until we stop, then the depression arrives and remains until we fix behavior.
I think you are missing the point. Without use of public funds (taxes) by the government, a corporation like Boeing wouldnt exist in a "free market". A corporation that relies on government contracts, is indirectly publicly funded. Understand?
mrktwn 2 years ago 6
i pity all of us who live in this country, because in the next couple of years the average standard of living will drop sustantially and the fiat money system will endure hyper inflation; if its debase as the world reserve currency. all other compeditor nations are watching to see if we are going to get out of this finacial mess, an if not, the US will lose much influence which indirectly will effect the economy in a staggering way... if enough of us dont wake up.
demik027 2 years ago 3