Statism Is An Understatement In This Case

[trey4sports]

Check out this article from a DU fellow. I am truly shocked that people think this way.....

h xxp://www.truthdig.com/report/item/the_collapse_of_globalization_20110328

[aGameOfThrones]

Friedrich von Hayek and Milton Friedman, two of the major architects for unregulated capitalism, should never have been taken seriously. But the wonders of corporate propaganda and corporate funding turned these fringe figures into revered prophets in our universities, think tanks, the press, legislative bodies, courts and corporate boardrooms. We still endure the cant of their discredited economic theories even as Wall Street sucks the U.S. Treasury dry and engages once again in the speculation that has to date evaporated some $40 trillion in global wealth. We are taught by all systems of information to chant the mantra that the market knows best.

//

[NewRightLibertarian]

He has some good points, but there's some garbage in there.

[Sola_Fide]

He has some good points, but there's some garbage in there.

What good points?

He is so ignorant that he doesn't understand that wealth is concentrated in the hands of a few precisely because of government interventions.

He also rails against GE because they didn't pay taxes. How about railing against the handouts and bailouts they have recieved? How about railing against the green energy regulatory mandates which favor GE and damage competitors?

This is just the same old socialist garbage. These people have no idea what the source of the problem is.