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View Diary: Abbreviated pundit round-up (69 comments)

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  •  In our penchant for categorizing (1+ / 0-)
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    TheFatLadySings

    reality in terms of twos, we've overlooked that there's a large and growing class of people occupying the space between producers and consumers -- i.e. the ubiquitous middlemen.  Middlemen are what the Chamber of Commerce represents.  Middlemen are people who mediate transactions and, contrary to their own evaluation, provide no added value.  Indeed, one could argue that much government regulation is made necessary by the fact that the middlemen perpetrate a gross distortion of values, having elevated cheating and lying into legal enterprise under the rubric of "buyer beware."
    Indeed, much of the disadvantageous transformation of the nation's economy can be laid at the door of the commercial class, buying and selling and churning the market to generate ever larger "cuts" for themselves. "Free enterprise" really means nothing more than profit without effort. That's what privatization boils down to--commercial gentlemen seeking a portion of the education dollar, for example, by getting in the middle of the process.

    http://www.youtube.com/cyprespond

    by hannah on Sun May 22, 2011 at 05:18:16 AM PDT

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