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Originally Posted by Baraka_Guru
ace, take the most notoriously loathsome/controversial politicians in Canada on both the federal and provincial levels. Those are neoliberals. These are the politicians who do things like lower taxes and pay for it by dismantling healthcare and education, among other things.
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Then I don't understand the difference between a neoliberal and a fiscal conservative, a free market conservative or a Reagan conservative, are they all the same in your view?
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If the "real problem" is an operational mixed economy over a conceptual free-market economy, then I suppose it's a problem in that it tends to get in the way of the desires of those who dream of a Friedmanesque utopia. Beyond that, I don't see how a mixed economy is any more problematic than unstable alternatives considered and even attempted via economic experimentation.
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The author cited by Roach describes problems that stem from a mixed economy. I don't understand what the author wants, nor do I understand what you want.
I also read an article by Krugman today, he complained about American politicians falling in the trap of believing that nothing can be done about unemployment (of course blaming Republicans for this condition) but not saying what needs to be done. I find his positions pretty convenient, he always complains about an economic issue but rarely offers real solutions.
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You're ignoring a number of other factors that made for this perfect storm. Speculation and the policies of government and central banks are only a few of several factors, and their level of impact is debatable. If you're going to correct a premise, you might want to be more comprehensive.
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I responded to a simplistic presentation of our economic condition in a simplistic manner. I don't ignore the complexities and many factors. The author cited was blatantly wrong.
---------- Post added at 09:28 PM ---------- Previous post was at 09:18 PM ----------
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Originally Posted by roachboy
the problem, ace, is that you (routinely) isolate factoids and then mangle them because your markety market metaphysics are too weak to allow anything else.
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Rather than making this about me, set the record straight.
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every time you do that, you evacuate the politics from political discussion and replace it with religion.
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I stated that the author of the article you cited was operating on a factually incorrect premise. What is your response to that? Gee!
Your guy is a simpleton! He does not know what he is talking about! That is what I present to you. You cited this guy for a reason, defend him! But you can't and we know it. So write some gobbledy gook about me, been there done that. Then if I respond, defending myself, more gooledy gook about me with a complaint about how I always make it about me - been there and done that too.
The reality is that your guy (author cited) has a political agenda that has nothing to do with truth, he simply wants to shape public opinion and will do what it takes to accomplish his goal, even use misdirection. Did you really believe our economic crisis was the result of housing prices collapsing?