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View Diary: WHY WE’RE SCREWED (232 comments)

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  •  I'm for a mixed economy. We currently have the (3+ / 0-)
    Recommended by:
    linkage, billlaurelMD, pgm 01

    fulcrum on the teeter tooter where it is tilting the entire economy way too far to the right. It's a continuum.

    communism  socialsim      balanced       regulated   laisse fare
                                       mixed market           capitalism

    I think we do better when we have a balanced, fair playing field.   Unfortunately, the fat cats are sitting on one end of the teeter totter and everything of value is flowing to them.  The government and rull of law used to be the play ground monitors, but it seems that the monitors have be either bought off or laid off.

    Plutocracy (noun) Greek ploutokratia, from ploutos wealth; 1) government by the wealthy; 2) 21st c. U.S.A.; 3) 22nd c. The World

    by bkamr on Wed Jul 25, 2012 at 07:04:13 AM PDT

    [ Parent ]

    •  I'm for a mixed economy too (2+ / 0-)
      Recommended by:
      bkamr, Vote4Obamain2012

      but there's no continuum here, there are a number of dimensions and a number of positions in a complex space. For example, where is the lemon socialist Hank Paulson stand on your continuum, and where are the fascists and the traditionalist, communitarian authoritarians?

      •  That involves mixing in government with (0+ / 0-)

        economics, which is a valid point since neither exist without the other as context.  :)

        Plutocracy (noun) Greek ploutokratia, from ploutos wealth; 1) government by the wealthy; 2) 21st c. U.S.A.; 3) 22nd c. The World

        by bkamr on Wed Jul 25, 2012 at 09:05:25 AM PDT

        [ Parent ]

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