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Politics : The Left Wing Porch

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To: Poet who wrote (2071)12/26/2000 11:02:19 AM
From: cougRead Replies (1) of 6089
 
Another link, Poet

From the LA Times by Robert Scheer, one of my favorite writers..

<<<<<<<<<Tuesday, December 26, 2000 | Print this story

These Messes Are What Deregulation Gets Us

By ROBERT SCHEER

Capitalism is falling apart. Tires explode, utility rates skyrocket, pharmaceuticals kill patients, telephone service is a mess, airports are gridlocked, broadcasters rip off scarce airwave spectrum for free and salmon in the Northwest are becoming transgendered and unable to breed. Even successful dot-commers are an endangered species.
Yes, Virginia, we do need government regulation. Not to build socialism but to save capitalism, because the market mechanism left to its own devices inevitably spirals out of control. Recognition of that reality has guided this country to prosperity ever since Franklin D. Roosevelt pulled us out of the Great Depression.
But in recent decades, conservative economists and their fat-cat corporate sponsors have led us down the yellow brick road of deregulation. Getting government out of the market would free creativity and investment, leading us to the magic kingdom of Oz, where all would prosper. If anything went wrong, the wizard of Oz--a.k.a. Alan Greenspan--would make it all better.

latimes.com

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Just more evidence for my opinion that people can not govern themselves, effectively.. Must be human nature.. animal nature, survival I guess,, but as our numbers increase, while our resources diminish, ????..

One hundred years ago, a true Libertarian attitude would have worked.. I would have loved it.. I have great confidence in my abilities, but NOW, I realize, I am not ONE of even ONE billion, but ONE of SIX billion, and I have to SHARE to the best of my abilities,... with those and other life forms on the planet.

I admit I take MUCH more than my share, but NOT as much as I COULD.. but at least I try.. And it appears to me, many don't even try.. and that's IMO, why we need government.. and that awful R word....REGULATION

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