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View Diary: Rick Santorum doesn't know difference between iPad and life-saving drugs (150 comments)

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  •  He did say: (1+ / 0-)
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    Iron Spider

    "we either believe in markets or we don't."  And this is indicative of the belief I'm talking about.  

    As far as markets are concerned, there is nothing to believe in--- they exist, and that is that.  But he means we should count on the market to provide us with the right moral outcome (people not dying from preventable illness because they can't afford a simple treatment.), and this relies on an assumption that the market is inherently good.  

    The reason he says this is because he trusts that the market's result will be inherently good.  That is to say, that left to our own devices, people will make the right moral decisions.  The mere existence of regulation and law is a testament to the fact that Santorum's faith is woefully rosy.  The fact that nothing is currently stopping drug companies from lowering their prices and still reaping in massive profits is a testament to the fact that Santorum's faith is blissfully delusional.

    Now, we should differentiate this view from the even more extreme notion that the market's result is right a priori.  This notion is also common on the right, even though it is factually ludicrous.  

    "You're not stuck in traffic, you are traffic."

    by nominalize on Thu Feb 02, 2012 at 12:21:20 PM PST

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