Retort to Arianna Huffington’s anti-capitalism piece

I read the Huffington piece a few days ago. She keeps using the term Laissez-faire. Something that this nation has never really been. If the defenders of Marxism can state, without batting an eye, that true Marxism has not yet deployed, then we can also say the same for Laissez-faire capitalism. Good. This is not the cold, financial machine envisioned in Ayn Rand’s, Atlas Shrugged.

In this article, the author makes the obvious and excellent point that Huffington avoids. If we are to blame capitalism for the recession, to what do we point to as responsible for America’s success? Huffington would probably insinuate that America’s predatory economic practices and exploitation of second-rate economies has made us great, but now the chickens have come home to roost.

Lower regulation is good, but not really Laissez-faire.

4 Responses to “Retort to Arianna Huffington’s anti-capitalism piece”

  1. 1 kernunos
    December 27, 2008 at 5:27 pm

    Deregulation, laissez-faire, political, profiling…etc are among a long list of words that the media is pre-labelling or pre-packaging as the case maybe so that we cannot use them in a reasonable discussion. A talk with a friend about the current economic crisis soon had him spouting “Conservatives want deregulation. Now you have it and this is what you get!”. The fact is the U.S. economy is far more regulated than is seen at face value. The problem is that people like Barney Frank are still able to fiddle(probably naked with adolescent boys about him)while our economy burns.

  2. December 28, 2008 at 10:23 am

    Huffington is abusing her power as a prime-time writer, because she in fact would not want HER industry to be more regulated. For instance, what if the government decided that some of the things she was writing hurt national interest, and so sent FBI agents to seize The Huffinton Post’s printing presses? That would be a form of regulation, just not the kind that Huffington would like. Huffington would argue that her industry is protected under the first amendment. Need we list how many amendments and articles protect industry and free trade?


  3. 3 kernunos
    December 28, 2008 at 7:15 pm

    Under the First Amendment one can not yell “FIRE!” in a crowded movie theater. Could it not be considered similar if one is compromising national security through verbal speech or written word?

  4. 4 Mike Rozos
    December 28, 2008 at 9:03 pm

    Cars are among the leading cause of death among people, too.

    Should we stop using them?

    It would save lives, until the living needed to go somewhere…

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