dsrtao: dsr as a LEGO minifig (Default)
[personal profile] dsrtao
I keep reading articles about how the US public should really support blah blah blah that big corporations want, because it will lead to lower prices.

These articles are generally in Forbes or the Wall Street Journal.

They never suggest that people might want to shift tax burdens from individuals to corporations so that individuals can have more choice as to where to send their dollars, even though that sounds like the Free Market answer, and both these publications are ostensibly in favor of Free Market solutions.

Is the US going to end in a class war?

(no subject)

Date: 2010-04-08 11:35 pm (UTC)
From: [identity profile] metahacker.livejournal.com
The Wall Street Journal is about the free market in the same way that Wolves Weekly is about the open pasture. :-/

(no subject)

Date: 2010-04-09 12:15 am (UTC)
From: [identity profile] be-well-lowell.livejournal.com
Good line.

To pad it out in less amusing terms, big corporations really don't benefit from free markets. They benefit from reduced regulation. The distinction between these points isn't subtle, despite the fact that it has provided the substance for uncounted graduate thesis writings.

(no subject)

Date: 2010-04-08 11:40 pm (UTC)
From: [identity profile] the-nita.livejournal.com
Is the US going to end in a class war?

Isn't it already?

(no subject)

Date: 2010-04-09 12:48 pm (UTC)
From: [identity profile] ulfhirtha.livejournal.com
Metahacker & Lowell have the right of it - they are in favor of "free markets" only insofar as they benefit Big Corporations.

Yes.

Date: 2010-04-13 05:56 am (UTC)
From: [identity profile] pamelina.livejournal.com
But it's over. The oligarchy won.
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