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View Diary: Market fundamentalism: so silly, yet so deadly. (12 comments)

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  •  No capitalist economy has ever been laissez-faire (2+ / 0-)
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    Ask 4 Questions, Calamity Jean

    At least not in the purest sense; there have been varying degrees of government intervention, but there's always been some.

    If you think about, you really can't have a capitalist government without a state that can, at the very least, enforce contracts.  Otherwise, no business agreement is sound because one of the parties could always violate it with no repercussions.

    And if you look to our own nation's past, company owners were more than happy to ask for government intervention (court injunctions, armed militias, etc.) when their workers were striking.  Not very laissez-faire.

    Procrastination: Hard work often pays off after time, but laziness always pays off now.

    by Linnaeus on Tue Sep 21, 2010 at 07:44:02 AM PDT

    [ Parent ]

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