My economics theory doesn't rise to the level of Econ 101 even; nevertheless I think I'm ahead of some the jokers who have PhD's in it.
For instance, anyone still pushing the idea that the free market if left to its Invisible Hand, aka in certain circles as God, will produce a steady supply of flu vaccine needs to have their brain re-examined ... or that the free market will keep the high-rise condos off the hurricane swept beaches of Florida. Get real, folks.
Rational planning is not inimical to free markets. Without rational planning when necessary, free markets run amok!
For we the people of this country to turn our backs on our long history of communities--small and large--getting together to plan for streets, highways, airports, water supplies, cooperative electricity grids, sewer systems, etc., etc., etc. , we would be in a world of hurt.
What is it that gets us all worked up in a lather over an obscure illusion of socialism, but we overlook entirely an obscene level of fascism ... in which we allow our government at all levels to support the interests of monopolistic business cabals to the detriment of the people?
What the hell ever happened to Enlightenment and rational choice when the so-called free market no longer offers rational choices? What's the point in choosing between means of self-destruction? Why can't we choose a sustainable world?
Maybe we really do believe that the only hope for humanity is The Millenium after the return of the Christ and the Battle of Armageddon. Are we truly that mad? The Nazis believed in the thousand year reign of the Third Reich.
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