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Reply #11: It's partly exalting the idea of "risk" that's to blame [View All]

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starroute Donating Member (1000+ posts)  Journal Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Wed Feb-11-09 02:44 PM
Response to Original message
11. It's partly exalting the idea of "risk" that's to blame
Risk-takers are valuable to a society. They're the people who are willing to gamble on starting new businesses, pulling up stakes and moving out to the frontier, doing things a little differently without any assurance it will work.

But not all of us are risk-takers. Most people would be happy to live in the same place throughout their lives, work at the same job, and enjoy the company of family and friends without ever cutting loose. And having extra risk piled on them willy-nilly doesn't turn them into daring entrepreneurs. It just makes their lives miserable.

The Republicans act as though a high-risk society is a more creative and innovative society, but it isn't. Even the natural risk-takers may hesitate, if leaving a job to launch their own business means losing health insurance or running up credit card debts that cannot be discharged through bankruptcy if the business fails. The kinds of risks that have been added to our society act as negative incentives, causing people to sit tight and stay with what they've got instead of taking chances on something new.

Since it goes against their own professed goals of encouraging innovation and the entrepreneurial spirit, we have to ask why the Republicans would be so in favor of loading us all up with risk to the current devastating extent. And the answer -- as suggested by the OP -- is that it removes those risks from the corporations and transfers them to ordinary citizens.

Perhaps the Republican Party is a lost cause, as many here seem to believe. But if there is any chance of redeeming the remaining sane Republicans and fiscal moderates, it may lie in pointing out that there is a vast chasm between encouraging individual enterprise and supporting the interests of the corporations -- and that they can't do both at once. I know the GOP as an institution has become accustomed to winning elections by rolling in corporate cash and is never likely to change its ways, but disaffected GOP voters might just be susceptible to a different message.

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  Hugh Beaumont on the alleged inevitability of a Second Depression and "Blame the Victim" Commie Pinko Dirtbag  Feb-11-09 01:11 PM   #0 
   Good for you CPD  EstimatedProphet   Feb-11-09 01:12 PM   #1 
   Thank you and yes that post was way better than the scolding op.  AlCzervik   Feb-11-09 01:17 PM   #2 
   Debt is our "social safety net"  DBoon   Feb-11-09 01:44 PM   #3 
   Excellent post. nt  raccoon   Feb-12-09 01:07 PM   #35 
   I logged in just to K&R this.  asthmaticeog   Feb-11-09 01:45 PM   #4 
   Thanks for doing this..I always like  Cha   Feb-11-09 01:50 PM   #5 
   DUers are not "droolingly hoping America will fail."  JDPriestly   Feb-12-09 04:08 PM   #39 
      A majority of DUers do not.  HughBeaumont   Feb-13-09 10:36 AM   #41 
         Well said as to the following:  JDPriestly   Feb-13-09 11:53 AM   #43 
   I'm not in favor of it, but if a crash will force the villains out into the open  librechik   Feb-11-09 01:51 PM   #6 
   Yeah, that was a really good post yesterday  LostinVA   Feb-11-09 01:54 PM   #7 
   This is HUGH!!! :) K & R nt  glitch   Feb-11-09 01:55 PM   #8 
   I was wondering who would be the first...  Commie Pinko Dirtbag   Feb-12-09 08:33 AM   #31 
      I did feel a little bad about it.  glitch   Feb-12-09 09:23 AM   #33 
   knr  SammyWinstonJack   Feb-11-09 01:58 PM   #9 
   This deserved to be an OP. Thanks!  Sheets of Easter   Feb-11-09 02:04 PM   #10 
   It's partly exalting the idea of "risk" that's to blame  starroute   Feb-11-09 02:44 PM   #11 
   They (the "Masters of the Universe" and political "leaders") have taken the risk out of the equation  Greyhound   Feb-11-09 03:51 PM   #14 
   K&R  OhioChick   Feb-11-09 03:06 PM   #12 
   Hugh Beaumont? What does the Beaver have to say?  Doctor_J   Feb-11-09 03:09 PM   #13 
   LOL n/t  Holly_Hobby   Feb-11-09 04:43 PM   #16 
   I know what June had to say...  Harry Monroe   Feb-11-09 08:57 PM   #17 
      "Dick Armey? What's his wife's name,  liberalhistorian   Feb-11-09 09:18 PM   #18 
         Was that actually said in FG???????  Commie Pinko Dirtbag   Feb-12-09 01:40 PM   #38 
   kick  Quantess   Feb-11-09 04:20 PM   #15 
   A-fucking-MEN!  liberalhistorian   Feb-11-09 09:30 PM   #19 
   Bravo. n/t  road2000   Feb-12-09 01:17 AM   #24 
   K and R  femrap   Feb-11-09 10:23 PM   #20 
   kick. n/t  Starry Messenger   Feb-11-09 10:54 PM   #21 
   Good on you for spotlighting HB's excellent post.  Gold Metal Flake   Feb-11-09 11:27 PM   #22 
   Well, that was right kind of ye.  HughBeaumont   Feb-12-09 01:07 AM   #23 
   Just stop the plundering  quaker bill   Feb-12-09 05:41 AM   #28 
   K&R. Best post I've read on DU in a long time. By the way, it occurred to me  lutherj   Feb-12-09 03:29 AM   #25 
   Many far-lefters are Puritans.  tomreedtoon   Feb-12-09 03:45 AM   #26 
   That's sigline material you have there.  Commie Pinko Dirtbag   Feb-12-09 07:46 AM   #29 
   Hugh Beaumont who played ward cleaver on "leave it to beaver?"  orleans   Feb-12-09 04:31 AM   #27 
   With Barbara Billingsly, Hugh Beaumont, Tony Dow, and Jerry Mavis as "The Beaver"  paparush   Feb-12-09 09:21 AM   #32 
   Jerry Mathers. /nt  mwb970   Feb-13-09 10:42 AM   #42 
   Hugh Beaumont's 100th birthday Feb. 16  BuelahWitch   Feb-12-09 01:10 PM   #36 
   love it. thanks for reposting as an op.  La Lioness Priyanka   Feb-12-09 08:29 AM   #30 
   great post ... BUT  Locrian   Feb-12-09 12:09 PM   #34 
      The best we can hope for is rationality  Commie Pinko Dirtbag   Feb-12-09 01:38 PM   #37 
      I have NO allusions that the rich give two squirts of piss for our plights.  HughBeaumont   Feb-12-09 04:17 PM   #40 
 

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