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Toxic free-market Koolaid.....

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marmar Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-29-09 07:19 AM
Original message
Toxic free-market Koolaid.....
..... I just tuned in to Washington Journal for a sec. There's a Univ. of Michigan law professor on talking about the future of GM and how it's going to be run.
The prof brings up a press release from the government, discussing how they're going to be very hands-off, which the professor thinks is great because it won't be immersed in a nightmare bureaucracy. He excitedly shrieks about how it will be run more efficiently like a financial institution.
:wtf:
Hel-fucking-lo? What indications have financial institutions given us in the past year that they run efficiently and cost-effectively, without the need for government intervention?
But it's that FREE MARKETS, FREE MARKETS koolaid that infects the American mind like a brain-wasting disease. I'm so f**king tired of it.....
And this is a law professor from the University of Michigan, not exactly a bastion of conservative ideaology.

:argh:


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izquierdista Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-29-09 07:35 AM
Response to Original message
1. Free market idolatry
These boobs that set up the "free market" as some all powerful deity wouldn't know one if they saw one. I would be willing to bet that not even 1% of them could come up with three axioms necessary for a free market. Most of the time they just assume those conditions exist and look dumbfounded if you point out that they don't.
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