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Politics : President Barack Obama

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To: tejek who wrote (100425)8/31/2011 12:08:11 PM
From: Land Shark  Read Replies (2) of 149317
 
>Market-based ideologies don't have that problem because markets expect events in ways experts never can.

Markets are not intelligent. Markets never plan anything. Markets never have targets. Markets are inherently unstable and never converge on a desired solution. The solution they converge on often ends up with wealth concentrating in a small segment of the population and be damned with the rest. Markets don't resolve conflicts of interest (profit vs. the environment). Markets are not sustainable long term, they only focus on the short term. Markets need to be distorted and intervened. Experts are NEEDED to direct the market to a sustainable solution and an inclusive society.

What's this fear of experts? This is the fear that the Repugnican Teapers are spreading around of intellectuals and science, etc.. They say they're all liberals on an anti-business bent. This is Stalinist hatred of intellectuals, knowledge and science, etc.. Experts will save the world. The teapers will destroy it if they get their way.
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