The Mudcat Café TM
Thread #118031   Message #2561673
Posted By: Peter T.
09-Feb-09 - 09:51 AM
Thread Name: BS: Obama Honeymoon lasts 3 days
Subject: RE: BS: Obama Honeymoon lasts 3 days
The real "get in the ring and have an argument" question is whether governments can do any good. Right wingers think that individual decisions are always better, because the market is always better. The only area in which they think differently is the military, which is why they are so big on military spending (and in America it is the one social upgrading for the poor everyone seems to agree on).   

Where all the discussion points at the moment is that regulation is needed on the market. What is not being discussed is whether and when the pooling of money for the larger social good is not only good, but better than individual decision making. And clearly, there are huge ways in which pooling money for the common good is good for everyone -- schools, roads, public goods of all kinds, including and especially those things the market handles poorly -- like the environment.   

yours,

Peter T.