I couldn't get past the first paragraph, can you?
Posted by jmlesniewski 13 years, 1 month ago to Politics
Such a lack of reality:
"But then I realized something pretty scary -- we seem to be living in Rand's world right now, not because of the evil government she imagines but because some of our business leaders seem to be convinced that they are the heroes of Rand's novel Atlas Shrugged, and like those fictional characters, are prepared to go on strike if they do not get what they want in the November elections."
"But then I realized something pretty scary -- we seem to be living in Rand's world right now, not because of the evil government she imagines but because some of our business leaders seem to be convinced that they are the heroes of Rand's novel Atlas Shrugged, and like those fictional characters, are prepared to go on strike if they do not get what they want in the November elections."
When people came from European countries to the US back in that time they were amazed by the lack of poverty. Several mentioned it to Washington (according to Ron Chernow's Washington a life). That was the closest thing that has ever existed to a free economy and it produced the lowest level of poverty ever seen. If it had been left alone and the economy continued to act without government interference i am quite certain our level of poverty would still be so low that it would amaze the visitors.
That is what we gave up when the government thought the railroads would not expand as they needed to without government intervention, and then due to the intervention monopolies formed that allowed the government to solve the problem they created with the Sherman act. It has gone downhill from there ever since, with only a few bright spots of growth.
I wonder what the world would be like if we had never had government play in the economy of the US? I long to live in that world.