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View Diary: No Mo' YOYOs! A Case Study of Market Ideologues in Action (23 comments)

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  •  What drives the YOYO's? (1+ / 0-)
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    What's up with these guys?  You write that "the ultimate goal of their agenda is to shift economic risks from the government and corporations onto individuals and their families."  Is there any legitimacy to this on philosophical grounds, or is it what it smells like: just cover for a bunch of people lining their own pockets?  

    •  It's both, sort of. (3+ / 0-)
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      Skennet Boch, Gegner, jvondeling

      The way I see it, there are YOYOs who really believe that the gov't should stick to delivering the mail and defending the coasts (and they're not too sure about the mail).  They have a libertarian political philosophy that drives their beliefs, and while I think they're wrong on the evidence--gov't is a critical player in helping to meet the challenges of life in the new economy, as the piece suggests--that's where I think they're coming from.

      Then there are the pocket liners.  They hire lobbyists who spout YOYO philosphy but only as a means to transfer $ their way.

      The problem is that in our heavily cash laden political economy, the interaction of these two forces--the philosophical and the greedy--is toxic.

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