Obama wins

@ Millionz

Yes i just pointed out that one, cause this really blows my mind from time to time.

And for the other ones, its not about increased Government regulation, its also about _better_ government regulation.

Top US economist like Joseph Stiglitz, Larry Summers or Paul Krugman are demanding what Obama is going to try to do. Lawrence was the treasury secretary in the Clinton era, guess he has some credibility.

Of course you can sit there and wait for the self-healing capacity of the Free Market, but its not going well right now, isnt it?

Once again, its about better regulation, not about creating a communist command economy. Do you think Obama is going to take your Money and spread it? nobodys wealth is going to be spread.

Fox News did a great Job in creating Socialism Paranoia i guess.
 
Well a lot of his policies are such as universal healthcare, increased government regulation, "spreading the wealth" are very socialist. Which to be honest I don't see how someone can say they aren't.
There really isn't universal health care under Obama's plan. Universal health insurance coverage is a different beast. Increased regulation isn't socialist. Regulation is required in a capitalist system to insure there's competition. Once a monopoly arises, all that "world peace" goes out the window.

Good post Jaxel. I dunno if I agree with your example but I agree with your main general argument 100%
All that "free market" means is a handful of companies would be able to enjoy unfettered monopoly status. The free market only works like how libertarians imagine when there is constant competition. It also assumes that consumers always make informed decisions and are smart. (Personally, I don't trust giant corporations to look out for anything but their own self interests.) The theory that even monopolies are vulnerable to competition doesn't make any sense. How this is accomplished when a monopoly would control the supply, distribution, and pricing of a market sector is cheerfully dismissed by libertarians generally.
 
Amazon.com: No Contest: The Case Against Competition: Alfie Kohn: Books
While I don't agree with the majority of this book, it makes some interesting points on how protecting competition and preventing monopolies is yet another problem of government propoganda. The idea of competition in general is what creates this "only look out for ones self" attitude. Competition basically means that you can only suceed at someone else's failures. So in order to not fail, you must fuck everyone else over; and it is in large part the fault of our government for perpetuating this ideology.

Kohn, a journalist whose work has appeared in such publications as The Nation and Psychology Today , has written a timely summary of research and commentary by others on the psychology of competitiveness. He seeks to debunk "the rationalizations for competition"that it is inevitable, more productive, more enjoyable, and likely to build character. In closely reasoned argument he shows that, while competition is deeply ingrained, it is also inherently destructive, especially where self-esteem is contingent on winning at the expense of others. The book, which lacks depth only in its discussion of organizational behavior and the incentive for creativity, will provoke considerable discussion. Recommended for general collections and subject collections on social interaction. William Abrams, Portland State Univ. Lib., Ore.
 
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