I have a new piece up at the American Spectator criticizing Barack Obama for smearing the ideals of the Ownership Society as “Social Darwinism.” Includes a riff on social solidarity and cooperative market order from my Cato paper.
I have a new piece up at the American Spectator criticizing Barack Obama for smearing the ideals of the Ownership Society as “Social Darwinism.” Includes a riff on social solidarity and cooperative market order from my Cato paper.
IMO the fundamental issue here is that the Left views the market only in zero-sum terms — a distributor of wealth, not a creator of wealth.
Using that schema, it actually makes sense to have the .gov take a big hand in distrubution, since the .gov is (ostensibly) the least partisan entity around.
The problem is that thinking of the market in purely zero-sum terms is extremely limited at best and flat-out wrong at worst.
IMO the fundamental issue here is that the Left views the market only in zero-sum terms — a distributor of wealth, not a creator of wealth.
Using that schema, it actually makes sense to have the .gov take a big hand in distrubution, since the .gov is (ostensibly) the least partisan entity around.
The problem is that thinking of the market in purely zero-sum terms is extremely limited at best and flat-out wrong at worst.