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Darwinian Conservative Economic Policies Are Destroying America

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DearAbby Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-10-11 12:08 PM
Original message
Darwinian Conservative Economic Policies Are Destroying America
Milton Friedman, Nobel prize-winning economist wrote those fierce words back in 1970 in his article “The Social Responsibility of Business Is to Increase its Profits.”

Mr. Friedman is fairly narrow minded in this aspect. A business that wants to improve the lives and community within which it operates is a good citizen. A business that looks to increase profits at the peril of a community is irresponsible and simply unAmerican.

Unfortunately many CEOs have embraced Mr. Friedman’s business model. That is also the reason why we have a manufacturing sector that has been decimated and middle class that is working harder to achieve a minimal standard of living.

Thirty years ago, a middle class family could have been supported on one salary, where to day it requires two. A responsible business, or as conservative economist Milton Friedman would call it a “socialist” business would make a modest profit while paying the employees a living wage.


More:
http://www.politicususa.com/en/darwinian-conservative-economic
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postulater Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-10-11 12:16 PM
Response to Original message
1. Saved for later, thanks.
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DearAbby Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-10-11 12:50 PM
Response to Original message
2. Kick
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jwirr Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-10-11 01:22 PM
Response to Original message
3. Yes, the so called christian right is practicing evolution - survival of
the fittest. LOL
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Enthusiast Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-11-11 07:40 AM
Response to Reply #3
4. Actually that is what they advocate.
But since they are so deeply ignorant they do not recognize this fact.
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vim876 Donating Member (268 posts) Send PM | Profile | Ignore Fri Feb-11-11 08:12 AM
Response to Original message
5. New rule.
You're not allowed to believe in social Darwinism if you don't believe in regular Darwinism.
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