Saturday, November 20, 2010

Grand Delusions: The Regressive Results of Progressive Markets

by Chris Floyd from Empire Burlesque

The author does an excellent job of busting the myths of liberal capitalists who engage in make-believe good works while padding their pockets.
You cannot fruitfully address social problems with a mechanism designed to create private profit -- just as you cannot build a peaceful, stable society with an organization designed to kill people and blow things up. Yet multitudes are suffering and dying all over the world from these delusions. And because they augment the wealth and dominance of the powerful, these corrosive myths will continue to be propagated with evangelical fervor by those same elites and their sycophants -- to the detriment of social needs, of national security, of the common good and the daily lives of countless individuals.