Skip to main content

View Diary: Of Renegades and the Free Market (10 comments)

Comment Preferences

  •  A couple of points: (8+ / 0-)
    one man's Renegade is another man's Maverick . . . The Free Market rewards guys like that... provided they actually make a profit.
    It's even worse on Wall St., where we have a system that rewards lucky risk-takers, and absolves unlucky ones. So the big picture and objective analysis go out the window. You will only get to the top if you take your gloves off, roll your sleeves up, and make a killing.

    Which means the CEOs of our biggest banks have been selected for their manic and sociopathic tendencies.

    Second Point:

    This same free-market-on-steroids dynamic has become SOP for movers and shakers of the right wing. Look at Ted Cruz's ruthless selfish game playing, and how it looks like brave principles to his tea-party base.

    Newt Gingrich led the way in the '90s, and Karl Rove defined the game in the '00s. All three of these men got away with crimes against decency that no real leader would have attempted.

    Neither our "free" market nor the right-wing adequately punishes those who risk too far, and damage the commonweal (our economy, the Republican Party, or the American people). Regulation, Common Sense, and Reality are broken.

    "Every man has a right to utter what he thinks truth" Samuel Johnson

    by Brecht on Sat Jan 25, 2014 at 03:41:18 PM PST

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site