Kmarion wrote:
Yes we do need to reform campaign financing and lobbying, however you don't blame the free market for that though. That's like blaming the car when a driver slams into a tree because he took his eyes off the road. If anything blame the voters who keep these chumps in power. We proved last mid term that if we are not happy with the current congress they can be replaced..
True, but there is one last thing that applies here. People who bother to do a little research use corporate media to find out what they can about politicians. Most of them don't bother to cross reference things. On the one hand, that is partly their fault for not being diligent, but on the other hand, the media distorts things. A media organization that has paid off a politician to get certain laws passed isn't going to report unfavorably on that politician. Essentially, if a politician accepts money from media organizations, it's far less likely for the people to even be able to find out the wrong he's doing.
So, in effect, the "market" has taken over most avenues of information as well. This is why we're almost past the point of no return. This is what the "market" has done to our society.
The corporatization of media is one of the most sinister developments that has occurred in our society, and it makes it very unlikely that, for even the few people who care enough to look for the truth, that they will be able to find it.
Kmarion wrote:
Friedman believed in helping the poor, just not via an incredibly large inefficient bureaucratic organization that required thousands of people to administrate it. He developed the negative income tax which is what laid the ground for earned income credit today. His idea was to get the help in the hands of the people that needed it in the most cost efficient manner (They get more). This was just one of the ideas that he developed in helping the needy. He believed in social safety nets, but since he was critical in pointing out the inefficiencies in some of them, people have been quick to jump to the conclusion the he was not compassionate or generous.
I'll give you that. The earned income tax credit is a good policy. We need to cap how many children it can apply to, but overall, it's a good principle. In addition to this, we need to cut taxes for small business owners.