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What is truly astounding is the willful blindness required by some who continue in their belief that our society is less prosperous, or less fair, as a consequence of free market principles.

If, in the 1950s for instance, you held the belief that the free market was unfair, that the poor needed government intervention to survive and that economic prosperity could be hand only through proactive public intervention in the market, you probably considered yourself a liberal Democrat.

Fast-forward fifty years. Within the past two decades the federal government has, generally speaking, lowered tax rates, decreased federal regulation of business, restricted welfare and encouraged the private ownership of capital.

The result has been an almost uninterrupted boom in prosperity.

With this history as prologue, even Democrats are forced to favor market forces. The difference between the moderate left and the moderate right, so far as macroeconomic issues are concerned, is one of degree.

If she honestly followed history, Mother Jones would be amazed.

http://www.jonathanbwilson.com/2005.05.01_arch.html#1115115979039

1 posted on 05/03/2005 4:44:17 AM PDT by JBW
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To: JBW
The people that put out the Mother Jones magazine are to be laughed at.
2 posted on 05/03/2005 4:46:00 AM PDT by sauropod (De gustibus non est disputandum)
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To: JBW

Mmmm, turrets.
4 posted on 05/03/2005 4:54:52 AM PDT by rabidralph (My truck appreciates the rest of you driving fuel-efficient vehicles.)
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To: JBW
"Since 1970, the size of the average new home has ballooned by 50 percent. Great rooms, Viking ranges, 10-acre lots -- can moats and turrets be far behind?"

Which, inevitably, is followed by, "If I can't have a great room, a Viking range, and a 10-acre lot, NOBODY should have a great room, a Viking range, and a 10-acre lot!"

6 posted on 05/03/2005 5:04:53 AM PDT by Pete'sWife (Dirt is for racing... asphalt is for getting there.)
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To: JBW
Not only has capitalism far exceed what those of limited imagination believed, but the solution they proposed has impoverished and murdered millions.

The enemy is as it always was, the tyrant. Tyranny always dresses itself up as an enlightened savior whose only interest is to prevent us from harming ourselves. That maximum liberty is the condition that produces the least harm is the preordained ignorance of tyranny.

7 posted on 05/03/2005 5:08:47 AM PDT by laredo44 (Liberty is not the problem)
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To: JBW
Equality for a leftist means equality of misery -- except for themselves, of course. As the Leninist "Dictatorship of the Proletariat", party leaders must have the best of everything. "Some animals are more equal than others."
8 posted on 05/03/2005 5:10:02 AM PDT by Cincinatus (Omnia relinquit servare Republicam)
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To: JBW

Federal regulation has not decreased.

The command and control federal bureaucracy demands that businesses comply with its onerous and capricious regulations at a cost of $670 billion per year. The cost increases every year.

Here's one example -

Unelected bureaucrats made up “law” out of thin air and effectively squashed Michigan farmer John Rapanos, 69, for moving sand on his 175 acre property in Bay County. The federal bureaucrats charged him with violating the Clean Water Act because he interferred with water evaporation - the “migratory molecule” rule - on his property.

As incredible as the charge is, he faced a $13 million fine and 63 hard-time months in a federal pen. The federal pirates even demanded that Rapanos forfeit 81 acres of his land.


9 posted on 05/03/2005 5:11:49 AM PDT by sergeantdave (Beer is proof that God loves us and wants us to be happy. - Benjamin Franklin)
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To: JBW
I had a guy at work actually express amazement that so many of the rest of us were conservative. 'It's not like you guys are running Fortune 500 companies or anything, why would average guys ever want to support Republicans helping their buddies get richer??'

After reminding him of that a Democrat president once famously remarked, 'A rising tide lifts all boats', I pointed out that wealth is not a zero sum game. Companies, corporations, inventors, and entrepreneurs, who often amass great wealth, provide cars, medicines, services, and technology that improve our way of life. Wealth isn't bad, because rich people don't stuff it in the mattress. They invest it. New products are created, new companies started, and new industries created.

His response was to the effect that no one needs the kind of money that Bill Gates has, and brought up the gap between rich and poor. He didn't have a good answer when I asked him when's the last time a socialist country, where everyone is equal, invented a drug that cured any disease, produced a movie anyone wanted to see, or built a car he'd consider buying. I pointed out again that our system rewards excellence, and that benefits everyone.

Around this point he rolled his eyes, and started looking at me like I was reading aloud from a sheet labeled 'RNC Talking Points', so our discussion pretty much ended.

10 posted on 05/03/2005 5:34:53 AM PDT by Steel Wolf (The poor b@$tards, they've got us surrounded!)
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To: JBW

..and yet, child labor laws have now become oppressive. Children under 18 cannot find employment at wages which will enable them to buy cars, or learn other than fast food skills.
When I was 14 I worked for the US Army corps of engineers grinding welds on barge deck plates. That is not possible now.


13 posted on 05/03/2005 6:34:48 AM PDT by steve8714
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