Thu Feb 21, 2013, 10:45 AM
xchrom (107,780 posts)
what's wrong with america? hint: it rhymes with salvation
but it's just the opposite. An antonym. Call it a form of state-sponsored exploitation.
America is in thrall to a secular religion. By definition, religion is not secular, except when an idea outside the realm of metaphysics is so fervently embraced by a society that it crosses a line. The line it crosses is what separates a worldly concept like Adam Smith's "invisible hand" from an unverifiable belief like the "virgin birth". Adam Smith's intellectual heirs have aptly been called worldly philosophers economists whose ideas have contributed so mightily to the remaking of modern society.*
The "dismal science" doesn't have to be dismal and is only a science, ironically, when greed is kept out of it. Ideologues with vast resources can grab an idea and spin it for selfish purposes; and the original idea however well-grounded in science can be reinvented as a kind of religion.
Which exactly what the Neocons and Wingnuts have done to capitalism, which they equate and conflate with deregulation and the zany belief in a fictive "free market". Or the even zanier notion that what the biggest bad-ass capitalists of all the multinational corporations and banks too big to fail really want is competition! If you truly believe that you are:
d) too young to leave your mother;
e) all of the above
Calculation, tribulation, deregulation three not-so-little words that rhyme with salvation. Calculation. Meaning "2 b:", according to Merriam-Webster: cold heartless planning to promote self-interest. Calculating is something we all do all the time, but we don't all, for example, obliterate the line between looking out for ourselves and turning our backs on everybody else; or contrive new and ever more devious ways to separate people we don't know from money they can't afford to lose or property they don't own.
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what's wrong with america? hint: it rhymes with salvation (Original post)
Response to xchrom (Original post)
Thu Feb 21, 2013, 10:54 AM
Romulox (24,021 posts)
2. Essentially "free trade" guarantees the lowest standards in labor, environment, and ethics.
Because all of those things cost money. The "efficiencies" captured by deregulation/free trade are essentially eliminating the basic safeguards for things like pollution and labor standards.
Enjoy your Hyundai, though.