Sunday, June 23, 2013

The Capitalism Delusion

February 2, 2012
By Russell Lamberti

" ....
And indeed this is the nub of the problem.  The economic debate has become so pretzelled and convoluted that most of the protagonists don’t even quite know what they’re talking about anymore.  Down is up.  Black is White.  Regulation is Laissez-faire.  Socialism is Capitalism.
 
The thing is, if you’re misdiagnosing the problem, you haven’t a hope of fixing it.
 
This might be one of the greatest intellectual heists ever pulled by the statists.  Create a crisis, blame the free market, and grow even more powerful and overbearing.  A confused debate that never gets resolved, but only helps perpetuate the status quo.  The status quo is big statism, welfarism, and corporate cronyism that always and only means one thing: Bigger Government."

 
 Read the whole piece, it's really terrific.


Source:  http://russlamberti.com/?p=118





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