United Capitalist Movement

Discussion in 'Economy' started by Richard-H, Sep 20, 2009.

  1. Richard-H
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    Richard-H Gold Member

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    It seems to me that there is a gross lapse in logic by Conservatives regarding who & what is responsible for the state of the economy.

    On one hand, they fight tooth and nail to keep the government out of economics, but at the same time hold the Obama Administrtaion solely responsible for the state of the economy.

    How can the government be responsible for the state of the economy if the government cannot take actions (or very limited actions) to influence the economy?

    What's worse is that the private sector is not expected in any way to be responsible for the state of the economy.

    The attitude seems to be that the private sector is supposed to be a bunch of irresponsible and totally selfish, dumb pigs that are so caught up in there own greed that they will slit there own and everyone else's economic throats before they would act in any way that is not immediately self serving.

    The notion of the free market seems to be that it's a magical and totally uncontrollable paradigm. In fact the economy is a economy of persons. It is the actions of people - especially the wealthy - that determine that state of the economy.

    What is so wrong with the notion that those people who believe in a free market system take responsibilty for what they believe in?

    It is understandable that any one investor cannot make much difference, but united action by investors all over the world could change the economy almost overnight.

    Why can't they say:

    We believe in the free market and will therefore take responsibilty for the state of the economy.

    Maybe there is more to believing in the freedom of the market, then just keeping the government out:

    With freedom comes RESPONSIBILITY!

    If they will not take responsibilty for what they believe in, then they have no right to the freedom of the market, and they should stop obstructing government action.
     
  2. eagleseven
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    eagleseven Quod Erat Demonstrandum

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    You are begging the question.

    Your post assumes that the free market is responsible for this devastating collapse, when you have not demonstrated this to be the case.

    Therefore, your question is invalid.
     

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