Thursday, August 02, 2007

Free Markets are free of rational holism

John Derbyshire on the lunacy of faith-based "free marketers" (gratis

"Ron Paul is one of those “free market” zealots (a scary breed of faith-based politician) who honestly believe unregulated capitalism is the cure for all of society’s ills. We tried that in the late 1800’s and we ended up with the Gilded Age, steel monopolies, children working
in factories, Upton Sinclair’s The Jungle, etc. This “Invisible Hand” bullshit would lead us back to that awful time. Ron Paul’s rhetoric sounds good when you’re trying to get a crowd of people to pump their fists, but in terms of actually solving problems, it’s lunacy."

Amen. Nicely put.

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