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Old 09-06-2008, 04:26 PM   #158 (permalink)
host
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Quote:
Originally Posted by Charlatan View Post
The short answer is no. The longer answer has to do with taking a hard look at what the kind of privatization you are calling for looks like. Take a look at what the IMF, the World Bank and their acolytes from the Chicago School of Economics have done around the world in an attempt to privatize much of the world.

Take a look at how those economies have benefited the few at the expense of the many.

So I would say that no, it isn't about full government control of the economy but it should be about an increased public control through regulation and redistribution (and that doesn't mean robbing Peter to pay Paul... it means using your tax base so that it benefits all). There needs to be more balance to the system and currently the scale has shifted way to far in favour of private organizations and the wealthy.
Charlatan, if John Flynn is accurate in his 1940 description of what overtook the FDR admin., from 1933 to 1940, when was there a "shift away" from "favour of private organiztions and the wealthy"? The economic/political system in the US seems to control POV into avoiding an examination of what it causes....cycles of boom and bust, sequestering of abundance that deprives fully one third of the country of what they could easily enjoy from abundant production, concentrates political power/economic infuence in the hands of a very few who have the enormous wealth to purchase it, subverting representative government, and constant cycles of war stimulus and profiteering, and most defend it as "the American way of life", without even thinking what alternatives exist. It's broken...this is the mother of all economic busts, and the bailouts of Fannie and Freddie, on top of $4.25 trillion in new national debt since 2001, are just the opening salvos.....

Last edited by host; 09-06-2008 at 04:30 PM..
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