The suffering is exactly the point that hasn't been addressed, I agree. I expect the next, and last, part of the series to deal with that, because that is precisely the problem.
Free marketers can argue that ultimately the best way of providing for the wretched of the earth is free markets, but the people who are cast aside have their own point of view, and it's not favorable.
I thought the Chinese experiment got positive play tonight. As you recall, for the benefit of those who did not watch, in China they decided to ditch Communism in their markets, but retain Communism as a political force.
As we know, that version of Communism has lasted far longer than the Russian model.
As a free marketer myself, I must concede that the US government has become far more centralized than ever before, yet the US economy seems to be chugging along, nevertheless.
I don't like it, but it's a fact.
I expect we'd be better off if the US economy was more even free market than it is, but I don't know how to prove it. Maybe it's one of those intuitive leaps. |
