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Politics : Bush-The Mastermind behind 9/11? -- Ignore unavailable to you. Want to Upgrade?

To: Sidney Reilly who wrote (8339)	9/23/2004 2:16:02 PM
From: sea_urchin	Respond to of 20039

Sidney > The Road to Serfdom Thank you. I am familiar with the book and its ideas. > Hayek argues that empowering government with increasing economic control leads not to utopia but to horrors such those seen in Nazi Germany. Many would argue that Nazi Germany arose in response to the oppressive terms of the Treaty of Versailles and others could argue that the Jews, which became the scapegoats of the regime and ultimately the victims of the Holocaust, attracted attention to themselves because of their separatism, obvious wealth and market dominance in the Weimar Republic at a time when most Germans were impoverished. Indeed, this very problem has been addressed in this excellent book : amazon.com >>Drawing on examples from around the world--from Africa and Asia to Russia and Latin America--Chua examines how free markets do not spread wealth evenly throughout the whole of these societies. Instead they produce a new class of extremely wealthy plutocrats--individuals as rich as nations. Almost always members of a minority group--Chinese in the Philippines, Croatians in the former Yugoslavia, whites in Latin America, Indians in East Africa, Jews in post-communist Russia--these "market-dominant minorities" have become targets of violent hatred. Adding democracy to this volatile mix unleashes suppressed ethnic hatreds and brings to power ethnonationalist governments that pursue aggressive policies of confiscation and revenge. Chua further shows how individual countries are often viewed as dominant minorities, explaining the phenomena of ethnic resentment in the Arab-Israeli conflict and the rising tide of anti-American sentiment around the world. This more than anything accounts for the visceral hatred of Americans that has been expressed in recent acts of terrorism.<< This, clearly "politically incorrect", book argues that government controls are indeed necessary because "freedom" alone, and unregulated markets, leads to a highly unstable and volatile situation which actually benefits very few.