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View Diary: Three Principles of Progressive Economics (15 comments)

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  •  Progressives vs Conservatives (1+ / 0-)
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    Conservatives believe that the biggest obstacle to freedom is the government and labor unions. Thus, freedom is achieved by destroying unions and making government as small as possible. I also argue that government intervention to restrict monopolies and large corporations makes the market freer.

    Liberals believe that the government can restrict freedom, but recognize that anyone or institution with great power can restrict freedom, too. Thus, liberals resolve the dilemna by forming a government that is as inclusive as possible. That is why they were willing to let the government impose civil rights laws on segregationist states.

    Conservatives believe that monopolies are natural outcomes of the economy, but then why isn't labor unions a natural outcome of the economy?

    You are right that one can argue that a truly free market does not exist, one's freedom is another person's burden. But progressives should frame the issue to see that their market policies results in more freedom than conservative policies.

    •  I am looking forward to the final (2+ / 0-)
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      semiot, unfangus

      Republican implosion, when we can shift the debate to the space between the corporate Democrats and the Progressives. Elizabeth Warren, among others, already frames the economic and financial issues quite well. As to ConservaDems,

      It is very difficult to get a man [sic, but that was then] to understand something when his salary depends on his not understanding it.
      Sinclair Lewis, I, Candidate for Governor, and How I Got Licked

      There was a time when "Free Market" meant free from distortions such as subsidies, protective tariffs, and other favors to particular businesses, not Laissez-Faire/anything goes. It still makes sense to say, with Jim Hightower,

      The Free Market is wonderful—we should try it.

      Ceterem censeo, gerrymandra delenda est

      by Mokurai on Wed Jul 31, 2013 at 10:52:26 PM PDT

      [ Parent ]

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