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    Entries in free markets (1)

    Monday
    May102010

    Connecting the dots?

    What do the following have in common?

    BP’s little problem in the Gulf of Mexico?

    Goldman Sachs?

    A little meltdown on Wall Street?

    Could it be that it’s time to re-consider the rightful role of government in managed capitalism?

    The next time a right wingnut tells you it can’t work, ask them how America managed to be so successful, building the biggest, fattest middle class economic juggernaut in history during the mid twentieth century, with plenty of tough market regulation.

    The real question isn’t should we, it’s can we?