How the enterprises trashed the economy

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M.R. Ogle

Re: How the enterprises trashed the economy

Post by M.R. Ogle »

Good one.

I pulled this quote from a recent editorial I can't find again to give proper credit, but it echoes the sentiments of the piece from the Economist:

"Two years after the economic meltdown, most Americans now recognize a caste system where everyone remains (at best) mired in economic stasis except the very wealthiest sliver.
The genie of a monied, unaccountable elite de facto ruling this nation probably cannot be put back into the bottle.

But for thirty years, I have watched the vaunted - and now withering - American middle class wallow in ever more ostentatious religiosity, flag waving, consumerism and disdain for knowledge, experience and education.
We loved the Gipper, we supported our troops with a profusion of t-shirts and bumper stickers during the first war in Kuwait/Iraq, we disdained and demonized the educated "liberals" who were apparently ruining the country, we fretted endlessly about abortion, school prayer, flag burning, Snooki, evolution... Even today, many of us see nothing wrong with imbibing Fox "news" and the silly conservative radio bombast day in and day out.
In the meantime, the well-connected corporate-political elites plundered the nation's treasury and stole the shirts from our backs.

Who do we have to blame?"
M.R. Ogle

Re: How the enterprises trashed the economy

Post by M.R. Ogle »

That's the only balanced way it can really work.

Social conservatism, by definition, is doomed to ultimate failure. You can't "go backward" or stop social changes you don't like for any appreciable period. It's impossible, you will eventually lose.

You MUST accept that time changes the dynamics of the "state of the state" and ADAPT ...or perish angrily and spend all your time trying to assign blame. "Things oughta be back the way they were in...." is just the mantra of futility.

Financial liberalism, also doomed to ultimate failure. Margaret Thatcher's famous quote: " The thing that's wrong with socialism is that eventually you run out of other people's money" applies here.
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