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Free Market Capitalism

Reader comment on item: Britain's Encounter with Islamic Law
in response to reader comment: Free market Capitalism

Submitted by dennis middlebrooks (United States), Feb 24, 2008 at 09:25

Mitch,

Yes, we should be free to worship God as we please....but you neglected to incude the right not to worship or believe God exists in the first place. Most of our political leadership makes the same omission. As for free market capitalism, it not only can exist with government interference, it has prospered hugely from government expenditures and subsidies.

Companies like Boeing, General Dynamics, and McDonald-Douglas benefited greatly from the Cold Wars and WWI, Korea and Vietnam due to the gignantic military expenditures. The millions of American workers who have been "downsized" in recent years in the name of "the bottom line" and "shareholder interest" will no doubt be pleased to learn that American corporations do no practice free market capitalism. Just as people in the Soviet Union who questioned the tenets of communism were labeled mentally ill (after all, it was "scientific"), those who now question predicating all policy and corporate decisions based on the "invisible hand" of the market place are labeled "wackos".

How many times have we been told that "no one questions the market anymore with the collapse of communism?" No, we do not have perfect free market capitalism like we did 100 years ago, but we are moving in that direction under the Republicans, who have made a mantra out of de-regulation and privatization for the past 28 years, and who have been dismantling as much as the New Deal as they can.

Submitting....

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Note: Opinions expressed in comments are those of the authors alone and not necessarily those of Daniel Pipes. Original writing only, please. Comments are screened and in some cases edited before posting. Reasoned disagreement is welcome but not comments that are scurrilous, off-topic, commercial, disparaging religions, or otherwise inappropriate. For complete regulations, see the "Guidelines for Reader Comments".

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