Thursday, May 27, 2010

This Mess We're In.

An Ongoing Discussion.



Words.

"So who is in charge of stopping the oil spill, BP or the federal government?

The fact that the answer to this question seems as murky as the water around the exploded oil platform in the Gulf of Mexico suggests that this is an excellent moment to recognize that our arguments pitting capitalism against socialism and the government against the private sector muddle far more than they clarify...

...Everyone is a capitalist until a private company blunders. Then everyone starts talking like a socialist, presuming that the government can put things right because they see it as being just as big and powerful as its Tea Party critics claim it is.

But the truth is that we have disempowered government and handed vast responsibilities over to a private sector that will never see protecting the public interest as its primary task. The sludge in the gulf is, finally, the product of our own contradictions."

  • THE WASHINGTON POST: Gulf oil spill offers a lesson in capitalism vs. socialism
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