There are basicaly two types of policies, 'pro-market policies' and 'pro-business policies'
'Pro-market policies' enable those with merit and skills to rise to the top. It leads to overall and alround growth and development. It generates wealth for all. The entire economy benefits from it. 'Pro-business policies' benefit only big corporates and 'unfit corporates'. It leads to corruption. It leads to crony-capitalism. It also triggers income disparities across the population. It's important to maintain the distinction between the two. > > > > --- Bhairitu <noozguru@> wrote: > >> Remember Reagan's "Morning in America"? Well, you might want to read > >> David Stockman's op-ed in the New York Times called "Sundown in > >> America." Stockman was Reagan's budget director and reiterates what > >> some of us have been saying about the 2008 bail out that should NOT have > >> happened. > >> http://www.nytimes.com/2013/03/31/opinion/sunday/sundown-in-america.html?pagewanted=all&_r=0 > >> > >> > On 05/28/2013 02:21 PM, raunchydog wrote: > > > David Stockman is a Libertarian who sides with the deficit hawks. He is > > completely WRONG about how to fix the economy. > > --- Bhairitu <noozguru@...> wrote: > > But he is right about what went wrong with it. > > > On 05/28/2013 02:21 PM, raunchydog wrote: > > > > Krugman and others take Stockman to task here: > > http://economistsview.typepad.com/economistsview/2013/03/david-stockman-goes-way-way-over-the-top.html > > > > --- Bhairitu <noozguru@...> wrote: > > So how well do YOU understand economics? Enough to judge whether > Krugman is correct? I know a lot of liberals who are rah-rah for > Krugman that don't know shit about economics but they want cheer for the > "home team." Krugman is one solution but there may well be other > workable solutions which is something I learned from studying economics. > > > Youtube: Stephanopoulos, David Stockman & Paul Krugman > > http://theweek.com/article/index/242122/6-takedowns-of-david-stockmans-fiscal-end-times-rant-in-the-new-york-times > > > > http://www.youtube.com/watch?v=f7wkMwz5l0A > > > >> And I mention Dmitri Orlov from time to time and here is an podcast > >> interview with him preceded by an interview with Chris Hedges. Lots of > >> food for thought. > >> http://www.extraenvironmentalist.com/2013/05/20/episode-60-days-destruction/ > >> > > > > >
