Saturday, March 19, 2011

Fragile Free Market Fundies

Apparently the free enterprise economic system is infinitely fragile. have you noticed how Libertarians —or the free market fundamentalists— always have some enormous setback to their perfect world? they always decry that: if only there were no taxes, if only there were no regulations, if only there were no free roads, if only there were no social security, medicare, OSHA laws, national military, ... they would have a perfect world. not even one iota of regulation can be applied without the whole system collapsing. It is an all in gamble that the 'free market' will work and if even one miscalculation is made the whole system falls into climactic disarray. into the free market fundie nightmarish regulatory tyranny. its all bollocks, in all sense of reality the moment that land ownership began the true free market ended.

fundies have such a laundry list of: fractional reserve currency, regulations and programs to cut or eliminate. anecdotes are abundant that illustrate the attempt at regulation that fundies attest do not work yet wildly participate in hindering. they ask us to believe and participate in their fantasy and actively try to bring the roof down on all our heads to prove regulation does not work. we can accurately say the new deal regulations survived 60 years of constant attack and has held firm until now. we can also say that free markets as libertarians would have it cannot suffer even a slight breeze of regulatory influence. yet nations will never stop attacking each other. they will make attempts both physically or economically. can the free market survive the tariff or subsidy of a single nation? in their mind, No. yet fundies continue the quest for a magical world without government.

I recommend an exploratory poll of libertarians. if only to get a sense of exactly the tolerances, imagined and proposed by fundies, that the human world can bear in the form of: military, taxes, subsidies, tariffs, etc. only through that can we engage their ideas with a sense of how much they will allow the weak people to suffer and how absurd their proposals can get. hell we might even be able to implement some of their less cruel ideas if they prove beneficial.

but one of the biggest mysteries is the fundies' view of a perfect world. there isnt much more than a novel by Ayn Rand to hint at the kind of world they wish for. the character, John Galt, did not live in their perfect world. he lived in his own nightmarish struggle against his regulatory dictators. but I am ill fit to attempt the description as many of the ideas are in such discord to what I think of in quality of life. freedom. absolute freedom is the very definition of anarchy. in my imagination, a life of total anarchy splits the difference between harmony with earth and deep deep terror of crime, exploitation and daily suffering. I am intrigued by other ideas of living but I prefer my own unless someone comes up with a convincing idea. a large part of the New Deal is still with us and survived vicious attacks by the libertarian and authoritarian-right wingnuts. it built the greatest middle-class that is only now being dissolved in corporate feudalism. this dissolution is the result of endless attacks against progressive economics. just think of it. the stability of progressive economics have survived thus far and libertarian economics has yet to ever be tried at all due to its infinite fragility against any pressure. I dont want to trade a robust middle-class engine for a corporate feudal engine.

No comments:

Post a Comment