Cognitive Dissonance

"Democracy! Bah! When I hear that I reach for my feather boa!" - Allen Ginsberg

Posts tagged free market

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On the First Amendment, the free market, and boycotts, part III

mrpooscratch replied to your post: On the First Amendment, the free market, and boycotts, part II

Okay, lets look at it this way. I open a business, and put out a sign saying “no redheads allowed”. Doesn’t it stand to reason minus government interference, minus the boycotts, minus the protests, the free market will make my business fail?

Maybe. Or your business might fail because your product sucks. Or maybe angry redheads will organize a boycott. Or maybe it’ll get hit by falling space debris that somehow didn’t burn up in the atmosphere. The free market is unpredictable, and to simply rely on the hope that it will make a business fail because reasons is honestly lazy. If you disagree with a business’ practices to the extent you’re willing to no longer patronize them, why not take the action of telling others? The business does not exist in an apathetic bubble. 

And for those bitching about government interference, it’s called zoning. It’s why the government can regulate whether or not a Dildo Emporium can open next to a preschool or if it must exist outside the city limits. If a business wants to open and that business engages in practices that my town has a law against, say non-discrimination based on sexual orientation and gender, that could conceivably fall under a government’s right to deny business permits. Think about a bar wanting to open in a dry county.



Filed under reply mrpooscratch free market free speech business politics

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Living under Communism in China made me a fervent enthusiast of capitalism. I believe that over the last couple of centuries banks have enormously raised living standards in the West by allocating capital to more efficient uses. But anyone who believes in markets should be outraged that banks rig the system so that they enjoy profits in good years and bailouts in bad years.

The banks have gotten away with privatizing profits and socializing risks, and that’s just another form of bank robbery.

Nicholas Kristof, “America’s Primal Scream”

Kristof hits the mark in this column. In light of the mass arrests across the nation, let’s remember how this has grown since its beginning on September 17th. The Occupy movement has gone global in about a month.

September 17th was the beginning. October 15th is not an ending. It marks the commencement of occupying everywhere.

(Source: The New York Times)

Filed under Nicholas Kristof New York Times Occupy Wall Street inequality injustice capitalism politics economy US government big banks banksters free market

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The Plutocrat's Coup d'Etat, Their Republican Allies and Their Democratic Enablers

For thirty years, now, Republicans have been yammering about small government, deficits, the glories of the free market, and the incompetence and wastefulness of government.

It’s all been a big lie, part of a well funded and cleverly executed coup d’etat, designed to enable the ultra rich and corporations to literally take power out of the hands of government and money out of the pockets of individual citizens.

Democrats have either actively participated in the coup or watched in near silence.  The press has been passively playing the part of a mute stenographer. The basis of this coup is simple – money has become the lingua franca of political power, eclipsing the vote.

They’ve just about pulled it off.

Flashback from February of this year. This is one of many, many warnings over the past few years.

Filed under Plutocrats Plutocracy Republican republicans politics rich free market power