There is a misnomer going on with “Capitalism” in the New GOP.
Long gone are the days of Adam Smith. Today’s GOP, especially in the Northeast, is not “Conservative” in their Capitalism - they are Libertarian Fiscal Darwinists. They want ANYTHING goes, and no recourse for the consumer.
Do NOT confuse Capitalism as espoused by good Conservatives like Adam Smith with what the GOP Establishment and the Chamber tell you is “Capitalism” today. To them, the old woman who gets conned out of her life savings should be S.O.L. because “she should have known better.” And hey, if we can Privatize the Supreme Court, why should anyone oppose it?
Space program? Trash it! Infrastructure? Sell the rights to the Chinese if they are the highest bidder! Remember bankruptcy reform? Anyone notice it only applied to citizens and not corporations?
This is not what the fathers of Capitalism ever had in mind. They were Free Market, small government visionaries - but even a base knowledge of Smith’s writings would show you a very different vision than the self-proclaimed champions of modern Capitalism.
so, is rush, where I mainly heard all that ranting, and Mark Levin, where do they fall in all these lines? I mean Rush was absolutely livid...
And when you say the new GOP, is that the new anti-establishment GOP ala sarah, etc., or is it the moderate GOP of today, and the GOP used to be much more conservative...