Thursday, October 15, 2009
The World Is Ending
Michael Moore and I agree, sort of. In response to a question from a libertarian student, he admits that corporatism is the problem, not capitalism.
Of course, his sensibility doesn’t last long. He quickly calls for pay restrictions and “democracy” in the workplace and can’t quite wrap his mind around the idea that big government is the problem. And, as usual, he looks at the past through rose-tinted glasses. He also doesn’t understand the concept of opportunity cost: the reason Europeans don’t mind big government is because they see the visible benefits of it—“free” healthcare and college—and miss the invisible costs—the full employment and booming economies they would otherwise have. What they riot over are the effects of big government. And when government is so big, riots and political protest are the only way to change things.
Still. Baby steps. Baby steps.
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