Altner on Forbes.com: What Explains GM’s Problems With The UAW? - I have a new piece on Forbes.com on General Motors, the United Auto Workers, and the nature of labor laws. It contains a blend of history and analysis. L...
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Their idea of free speech is situational and pertains only to liberal free speech.What if I substitute "religion" for "speech" in that sentence?
Their idea of freedom of religion is situational and pertains only to evangelical Christianity.Hmmm . . . That would seem to explain the behavior of people like Mike Ritze, Todd Thomsen and Sally Kern.
The financial crisis has been widely interpreted as proof of the need for extensive government regulation of banks, insurance companies and other capitalist institutions. The antics of politicians now that they have a greater role, however, are a vivid reminder of why they can’t be trusted with such power.Thank you Steve and thank you The Oklahoman!
These days, every politician assumes that because he has a driver’s license and an ATM card, he must have all the necessary skills to run an automaker and operate a bank.
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In his article, "Conspiracy 'synthesis'", in the March 11th Oklahoma Gazette, Ben Fenwick quotes state Rep. Mike Ritze, R-Broken Arrow, referring to a plot to destroy "our economic basis of free enterprise".Unfortunately, my reference to laissez-faire Capitalism by name was removed, but I don't think that changed the overall point I was trying to make.
Rep. Ritze's bill to put a monument to the Ten Commandments on the grounds of the state Capitol proves to me that he hasn't got the slightest idea what freedom really is, much less free enterprise.
What do people such as Ritze, state Rep. Sally Kern and state Sen. Randy Brogdon think would happen to religion under a system of completely free enterprise? Religions would have to compete on a free and open market just like everything else. That means laws granting favoritism to one religion over another would be forbidden, just as they currently are under the U.S. Constitution's separation of church and state.
That people such as Ritze don't see this and persist in attempting to tie their favorite religion to support for "free enterprise" is evidence enough for me that these people are no real friends of freedom - economic, religious or otherwise.
If you bound the arms and legs of gold-medal swimmer Michael Phelps, weighed him down with chains, threw him in a pool and he sank, you wouldn't call it a ‘failure of swimming'. So, when markets have been weighted down by inept and excessive regulation, why call this a ‘failure of capitalism'?- George Mason University professor Peter Boettke, as quoted by Eamonn Butler in the London Times