Tuesday, December 13, 2011

The left asked for it...

You want regulation you got regulations. Soon only the big boys can stay in business. They in turn buy the politicians to keep it that way. You t6hink they are going to hire Americans? As for new company formation.....

New guys drop dead!

Dear Left: Corporatism Is Your Fault | Bleeding Heart Libertarians
Dear Left: Corporatism Is Your Fault
By Jason Brennan On November 29, 2011

I’m not usually one for polemics. But sometimes polemics is called for. Here goes.

Dear members of the moderate left,

America is suffering from rampant, run-away corporatism and crony capitalism. We are increasingly a plutocracy in which government serves the interests of elite financiers and CEOs at the expense of everyone else.

You know this and you complain loudly about it. But the problem is your fault. You caused this state of affairs. Stop it.

Unlike we libertarianish people, you people actually hold and have been holding significant political power in the US over the past 50 years. What have you done with this power? You’ve greased the corporatist machine every chance you’ve gotten. You’ve made things worse, not better. Our current problems are your fault. You need to stop.

We told you this would happen, but you wouldn’t listen. You complain, rightly, that regulatory agencies are controlled by the very corporations they are supposed to constrain. Well, yeah, we told you that would happen. When you create power—and you people love to create power—the unscrupulous seek to capture that power for their personal benefit. Time and time again, they succeed. We told you that would happen, and we gave you an accurate account of how it would happen.

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