perseus
Active member
Well for those with a Joe McCarthy mentality. To well balanced people this should sound like good common sense, but I'm not holding my breath!
An article which should be read but will probably not be
An extract:
http://energybulletin.net/node/50531
An article which should be read but will probably not be
An extract:
You’ve heard the sermon preached by its most fanatic true believers:
There is no public interest—only an aggregation of private interests, which are best served when we each pursue our individual greed in a marketplace unfettered by rules and other forms of government interference. Public assets must be privatized to increase their productivity and efficiency by selling them to the highest bidder. The faster we consume, the faster the economy grows and the wealthier we become as a rising tide lifts all boats.
Inequality is essential to social order and prosperity. It provides us with wealthy investors able to bear the risks of investing in the creation of jobs and a working class motivated by economic insecurity to work hard at those jobs at a globally competitive wage. There is no alternative. If a few get rich, instead of condemning them out of envy—which is a mortal sin—celebrate their good fortune, because as the rich get richer, wealth trickles down and we all get richer. In America, anyone can succeed who applies himself. Failure is a sign of a flawed character.
Is this story familiar? It is no mystery why this economic theology leads to ruthless competition, obscene accumulation, and reckless consumption that destroys the environment and tears apart the social fabric. It embodies the moral philosophy of the sociopath.
It is now time to acknowledge the lessons of this disastrous experiment. Markets do have an essential role in a healthy economy, but market extremism does not. It turns out that markets do need rules, there is an essential role for government, we all have more when resources are shared, and Jesus and the other great religious teachers were right. We are members of a community and we all do better when we care for one another and act with mindful consideration of the needs of others.
http://energybulletin.net/node/50531
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